Professor: Intervention Distorting the Economy

The International Monetary Fund (IMF) says inflation expectations have remained relatively stable., despite almost every commodity rising sharply since last year. Food prices alone are up 40 percent globally according to the U.N.

But despite inflation warnings from top economists, the IMF itself has told countries to spend as much as possible to stimulate the economy. Most central banks have done that are still creating new money for governments to spend.

NTD spoke with Robert Murphy, senior fellow with the Mises Institute, to discuss inflation and supply chain disruptions.

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