Inflation is always a monetary effect, and factors like deleveraging, deglobalization, and wage growth are not causes of inflation but consequences of inflation driven by money supply growth.
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Speaker
Daniel LayaEvidence Quote
“Inflation is always a monetary effect always um all those elements that you have rightly mentioned are uh not causes but consequences of inflation.”
Source
Inflation Is Not a Mistake – It’s a Strategy, 2025 Crash Explained | Daniel Lacalle— Soar FinanciallyCreated: 8/11/2026, 7:10:29 AM
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