Bad Inflation Models Lead to Confusion - Daily Live 2.20.23 | E321

Full show notes with links and charts: Telegram Twitter FREE weekly newsletter In today's episode, I talk through a back and forth I had on twitter with Luke Gromen. He refuses to have a coherent model for inflation, instead calling everything inflation. I try to clearly explain why fiscal spending and QE are not money printing, and why unusual fiscal spending with supply shocks make prices go up. Only some of it is money printing, with most of it being crowding out by pulling demand forward from savings at the same time as slashing supply. Enjoy. Links Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. #bitcoin #macro #geopolitics