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Asian supply chain disruption is fuelling Europe's inflation, says APG economist

Lucas Cacioli
Thijs Knaap, chief economist for Dutch pension fund APG, discusses how pension funds can protect themselves from the effects of high inflation.
Asian supply chain disruption is fuelling Europe's inflation, says APG economist

American economist Milton Friedman famously said, “Inflation is always and everywhere a monetary phenomenon” — implying that it can only arise when central banks increase the supply of money.  

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