Speaking of affordability, we think we found the source of the six-year inflation problem that has caused prices to rise more than 25%.
M1, by the way, is the money supply. The pols flooded the economy with dollars during 2020 and 2021 COVID lockdowns and never sucked the money out of the system. They still haven’t. It’s Econ 101: inflation is too many dollars chasing too few goods.

