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To: Mr Ramsbotham
The thing of it is that a large part of this inflation isn't related to monetary policy, but energy policy. The relative availability of energy can, by my way of thinking, mimic the monetary kind, since the cost of everything is related to the price of energy. <<<<<<<<<<<<<

BINGO!!!......energy has to be produced!.....Fiat money can be printed....

Thats why the founding Fathers picked gold and silver...

Allen Greenspan understood this in 1967 ...
http://www.math.snu.ac.kr/~hichoi/finmath/AlanGreenspan-GoldEconomicFreedom.pdf

28 posted on 06/15/2022 6:30:37 PM PDT by M-cubed (The MSM is now the 4th Branch of Government.....)
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To: M-cubed
The thing of it is that a large part of this inflation isn't related to monetary policy, but energy policy.

I disagree. Shipping costs are important but not that important. Reckless monetary policy by the Democrats are to blame for inflation. Don't let them off the hook. They own this.

29 posted on 06/15/2022 6:41:13 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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