It's easy to make fun the article because there's inflation now. However, it is also easy to read the article carefully to realize that Europe did not pump so much money in the economy as the U.S., yet, they have inflation. There's been other periods where lots of "money printing" have not led to inflation, in different countries, and other periods where inflation has been caused by things unrelated to money printing.

Current inflation, was mainly caused by supply chain problems, the war in Ukraine and corporate greed (profit margins have been at the highest in decades and many CFOs have recognized they have increased prices because they can get away with it).

I wish there are some brilliant economists out there studying, with many years of data for many countries, the real effects of money supply on inflation. It's time to stop blindly believing in Milton Friedman and find empirical evidence that backs him, refutes him or even gets to a middle point.

Great article. Inflation is coming down, probably more because oil prices went down and supply chain problems are being solved than because of the Fed's actions. In fact, there's charts showing that the Fed panicked and started raising rates when inflation picked. Unfortunately, inflation might go up again because of Opec's decision of cutting oil production and the stubborn war.