For those unfamiliar, here’s a clip of Milton describing the true cause of inflation, and BTW, it has nothing to do with folks buying goods except when these goods are in relative rare supply (demand up bidding occurs)..Dear Milton (RIP) hits on the REAL cause which might only perceived as a ‘phenomenon’…As previously stated, it’s not that the cost of things keeps going up, it’s that the value of the currency keeps going down - in the form of a deliberate indirect hidden tax - thus, no phenomenon is to be found…
For a better explanation, start Milton at about 5:30 in:
https://www.youtube.com/watch?v=GJ4TTNeSUdQ
3 tons