Those with an econ course under their belt typically have been Exposed to Milton Friedman’s famous take on money and Inflation which is: “Inflation is always and everywhere a Monetary phenomenon.” Actually, one doesn’t need a college course to be exposed to that idea.  It appears almost daily in today’s newsprint. It is further stimulated by the anxiety created when the Fed expanded the monetary base by 56% since the onset of Covid (March 2020 to April 2021). That’s a […]