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August 11, 2022 11:37 pm at 11:37 pm
#2114523
Reb Eliezer
Participant
AAQ, I base myself on what you said, which if Milton Friedman said would not be correct as that also causes inflation. I don’t have to read him as I don’t agree with him. Increased demand because of too much money in circulation and lack of goods which are desired to buy including its costs causes inflation. President Bush Sr. called it voodoo economics.