Longview's CEO and Chief Market Strategist Chris Watling was quoted in a Money Week article on inflation.
“Inflation is always and everywhere a monetary phenomenon,” said Milton Friedman. Ludwig von Mises explained that “inflation is an increase in the quantity of money without a corresponding increase in the demand for it.” Yet, says Chris Watling of Longview Economics, “in the pandemic, we paid people to stay at home – a classic recipe for inflation...”
Read the full article HERE