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YUMY - Inflation: What Causes It And When Will It Subside?
VanEck Future of Food ETF
We have been living under an illusion that the relationship between nominal GDP and the quantity of circulating currency is dead.
Claims linking inflation to the size of the balance sheet may stem, in part, from focus by Fed officials on the size of the balance sheet in recent months.
The swift expansion of circulating currency by the Federal Reserve helped expenditures to bounce back immediately after plunging in the second quarter of 2020.