Reality speaks - 5/21/2026 18:00 Inflation is caused by allowing the money supply to grow at a rate that is more than the economy can absorb due to #1 population growth and #2 productivity growth. Its that simple. In 2020 the Fed allow the money supply to grow over 20% over 2019 and then in 2021 another 17% growth over 2020. The economy can not absorb that level of money creation due to population and productivity growth. In the 1970's the grew the money supply over 12% in 4 different years from 1971 to I think 1982. We all know what that caused. Of course they blamed the oil shocks in the early 1970's but those are just excuses that the Fed comes up with just like the transient inflation lie they came up with in 2022. they know exactly what they are doing but you will never hear them officially admit to it. It will always be someone or something else that caused it not their bad policies.