[quote=markmax33]
If you read about inflation throughout history it happens very rapidly and generally it happens after the money supply has initially expanded. I can’t force you to read history but I can give you a million examples and have listed them in the blog before. Inflation always TRAILS money printing. It takes a while for it to saturate the system and get to the bottom of the food chain. When inflation hits it hits hard and fast. A loaf of bread in Russia was $2 on Monday and $10 on Friday in the 1990s. I’m not sure how that’s Alarmist, that’s a fact.[/quote]
A million examples? Really. Here’s the growth in US money supply over the last few decades. Not sure it really supports your theory.
