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Frederick Miles
The Hill
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Comments by "Frederick Miles" (@frederickmiles8815) on "Krystal and Saagar: DEBUNKING Inflation Scaremongering" video.
Correct, inflation is transitory - more pandemic supply chain driven than inflation driven by monetary causes (wage increases and corresponding increased in bank lending). Also, markets dropped due to HF selling off...meme stocks will explode and margin calls will happen in the near future. I would be more worried about deflation, than inflation - QE (MMT) does not print money, or dramatically impact money supply, it is highly deflationary due to our fractional reserve banking system.
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