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The Fed's Inflation Is behind the Supply Chain Mess

Audio Mises Wire

Tags Money and Banks

11/08/2021Ryan McMaken

The idea that supply chain problems are “driving inflation” gets the causation backward. It’s money supply inflation that’s causing the supply chain problems, not the other way around.

Original Article: "The Fed's Inflation Is behind the Supply Chain Mess​"

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Contact Ryan McMaken

Ryan McMaken (@ryanmcmaken) is executive editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Original Article: 
The Fed's Inflation Is behind the Supply Chain Mess