Global inflation: looks like Milton Friedman was right about one of the economy's biggest problems - The Australian Financial Review

Guess what happens when China shuts down its economy, just as Western central banks are pumping up the money supply and consumer demand?

Well, guess what happens when China begins to run into its own structural problems and then shuts down its economy due to COVID-19 not once but twice just as the West pumped up nominal demand via mon… [+4963 chars]

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