When they asked Milton Friedman what causes inflation, he didn't blame the usual scapegoats.
Not shoppers. Not businesses. Not unions or foreign countries or oil.
He pointed to just one thing:
Inflation happens in one place because only one place prints money. "Always
Big news: The Pentagon reportedly waited until after the stock market closed at 4 p.m. ET Friday to announce U.S. strikes on Iran, all to soften the blow on financial markets, per NBC News.