That's not remotely true. Any shortage - of oil, of wheat, of raw materials - is quite literally business pushing prices up, even consumer demand pushing prices up.
Haha. No, that’s more a velocity (m2) situation. Excesses in greenbacks, treasury notes, overprinted cash, debt forgiveness, reduces tHe value of the dollar.
It was a question. Sorry if your were offended, but it was a question, as your statement was a bit awkward. Are you claiming inflation never existed before 1925; or, are you claiming there has been no inflation since 1925?
ONLY THE GOVERNMENT CONTROL’S INFLATION; VENDORS CAN’T PRODUCE IT,
CONSUMERS CAN’T BUY IT,
BUSINESSES CAN’T MANUFACTURE IT.
ONLY GOVERNMENT CAN CONTROL IT