SpyMasterTrades on Nostr: The Bank of Canada is now blaming inflation on... population growth. Central banks ...
The Bank of Canada is now blaming inflation on... population growth.
Central banks always need a scapegoat for the inflation that they cause by printing excessive fiat currency. As Milton Friedman said: “Inflation is always and everywhere a monetary phenomenon... it is and can be produced only by a more rapid increase in the quantity of money than in output.”
#Inflation / #BTC / #Bitcoin / #CentralBank / #Housing
Published at
2024-01-24 20:22:51Event JSON
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"content": "The Bank of Canada is now blaming inflation on... population growth. \n\nCentral banks always need a scapegoat for the inflation that they cause by printing excessive fiat currency. As Milton Friedman said: “Inflation is always and everywhere a monetary phenomenon... it is and can be produced only by a more rapid increase in the quantity of money than in output.” \n\nhttps://m.primal.net/HZCf.png\n\n#Inflation / #BTC / #Bitcoin / #CentralBank / #Housing",
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