Krugman: Low Unemployment Causes Inflation, Not Monetary Expansion

Tags: The Fed, Inflation, Unemployment, U.S. Economy

03/14/2024 Frank Shostak

Paul Krugman claims that the real factor determining inflation is the rate of unemployment, not increases in the supply of money. As usual, he is wrong.

Original Article: Krugman: Low Unemployment Causes Inflation, Not Monetary Expansion

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