Tag Archive

A (Very) Brief History of Inflation in America

Published on March 27, 2022 By sirrahc

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” — Milton Friedman, Nobel Prize-winning economist Thanks primarily to bad governmental policy, Americans have noticed their hard-earned dollars are buying noticeably less these […]