"It is simplistic, history tells us inflation has always been caused by monetary policy."
You must be very new to the markets. They've been printing cash for years with absolutely no impact. Inflation is coming down now in the US, and they are still pumping out money. It's only clear to you because you've already made your mind up contrary to all the evidence against this conclusion.
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"It is simplistic, history tells us inflation has always been...
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