Nassim Nicholas Taleb @nntaleb
Correct. Inflation is not coming from wage rigidity, money supply, or supply chain disruptions; all these are bubkes. It is in the >$120 Trillion of paper money (70 in US) (includes ~$3 T of crypto). Low interest rates (discount factor) inflate assets. Paper money is just air. — PolitiTweet.org
Garic Moran @GaricMoran
10 years of extraordinarily easy monetary policy has led to net worth growing significantly faster than economic ou… https://t.co/ar7HSTwVmY