JOE BIDEN VS MILTON FRIEDMAN ON INFLATION.
Two completely opposite views on what actually drives inflation. Biden blamed corporate greed and supply chains. Friedman said it's always a monetary phenomenon—print too much money, prices go up.
Who was right? The 2021-2023 inflation spike answers that. Fed printed trillions, M2 money supply exploded 40%, and inflation hit 9%. Not a coincidence.
This matters for crypto. When fiat gets debased, hard assets win. $BTC isn't just digital gold—it's the ultimate hedge against monetary policy mistakes. Friedman would've loved it.
Inflation isn't random. It's policy. And policy is why we're here.
Two completely opposite views on what actually drives inflation. Biden blamed corporate greed and supply chains. Friedman said it's always a monetary phenomenon—print too much money, prices go up.
Who was right? The 2021-2023 inflation spike answers that. Fed printed trillions, M2 money supply exploded 40%, and inflation hit 9%. Not a coincidence.
This matters for crypto. When fiat gets debased, hard assets win. $BTC isn't just digital gold—it's the ultimate hedge against monetary policy mistakes. Friedman would've loved it.
Inflation isn't random. It's policy. And policy is why we're here.