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Someone asked Milton Friedman what causes inflation, and he didn't blame the usual stuff.
Not buyers. Not sellers. Not labor unions, other countries, or oil.
He pointed at just one thing:
Inflation happens where money gets made—only there. He said, "Inflation is alway
Just in: NBC says the Pentagon held off on announcing the U.S. strikes on Iran until after the stock market closed at 4 p.m. ET Friday. They did it to keep the markets from taking a sudden hit.