Inflation may be "always and everywhere a monetary phenomenon” (Friedman). BUT not all monetary phenomena are always and everywhere inflationary! https://t.co/qI6Y6ufwR7

@manuel__lara @SoberLook Not so far. But check out the financial stability reports of the US fed for their take on this risk. And look back

Why bets on the Chinese market for coffee attract so much attention. Its imports are tiny compared even to Japan. @MacroPoloCharts macropolo.org/analysis/slow-… https://t.co/eDkKUmdz4K