Show notes
In this episode of Fiscally Savage, Dylan discusses three aspects of the inflation equation: too much money, too many people, and too few goods. Dylan also addresses related topics such as supply and demand, the COVID-19 pandemic and how it affected global supply chains, what the Federal Reserve is doing to combat inflation, and more. Show Highlights: [03:22] The functional definition of inflation [04:25] The problem with demand and supply [08:11] The problem with printing money [08:52] The “too much money” part of the inflation equation [09:52] The “too many people” part of the inflation equation [11:26] The “too few goods” part of the inflation equation [12:06] How the COVID-19 pandemic impacted global supply chains [13:19] How China’s lockdowns are affecting global supply chains [14:33] How the pandemic affected meat prices in the U.S. [15:11] How the war in Ukraine is affecting corn, fertilizer, and gas prices globally [17:49] Why inflation is a supply chain issue [20:12] How the Federal Reserve plans to control inflation [21:32] How raising taxes can help lower inflation [22:35] Why gold and silver are poor inflation hedges [24:52] Two ways to hedge against inflation Links and Resources: Fiscally Savage Fiscally Savage Tools Fiscally Savae on Instagram Fiscally Savage on Facebook Fiscally Savage on Twitter
