From 2000-2022 the correlation between the Consumer Price Index & Money Supply (M2) is 0.98.

From 2000-2022 the correlation between the Consumer Price Index & Money Supply (M2) is 0.98. Unless Putin has somehow secretly managed to increase M2 Biden can't possibly blame US inflation on Putin -- he should blame the Federal Reserve and Jerome Powell. @wesbury @marcthiessen pic.twitter.com/u4yygZRVCd

— Mark J. Perry (@Mark_J_Perry) March 19, 2022