You can look at the Federal Reserve balance sheet. It went way up and they had decreased the money supply. What is inflation? It's real simple. It's more too much money chasing the same amount of fixed goods and services. And this guy doesn't even understand the basic concepts of this. It's cringe worthy. You should also watch the one of Senator Kennedy interviewing Janet Yellen talking about deficits and projected deficits that are to come and she didn't even have an answer for that. (03:41–03:46)
CLAIM
Asserts that inflation is caused by too much money chasing a fixed amount of goods and services.
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