No, you are wrong. It's the beginning and the end, but the middle is a lot of things. Inflation is not an increase in the money supply, and it's not an increase in the money supply because of the printing of the money.
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Not the printing of the overwhelming majority of money in existence in a few years? Only profit?
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The printing of the money is only a small part of the inflation, but the part that matters is the funny interest rates.
But the printing of the money isn't even the cause of inflation, just the start of it.
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literally it is the beginning, middle and end of inflation. Everything else people think of as "inflation" are mere knock-on effects
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No, you are wrong. It's the beginning and the end, but the middle is a lot of things. Inflation is not an increase in the money supply, and it's not an increase in the money supply because of the printing of the money.
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