Robert P. Murphy: mainstream economists do not view budget deficits as a direct cause of inflation. Inflation is tied to central bank money creation, and defici

BWB News TV • 2026-08-02 14:52 UTC • By Billy Odell Tucker-Robinson

Robert P. Murphy: mainstream economists do not view budget deficits as a direct cause of inflation. Inflation is tied to central bank money creation, and deficits matter only when they are monetized.

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