According to economist Frank Shostak:
"Contrary to the popular definition, inflation is not about general rises in prices but about increases in the money supply. General increase in prices as a rule develops because of the increase in money supply. The harm that most people attribute to rises in prices is in fact due to increases in money supply. Hence, policies that are aimed at countering inflation without identifying what is it all about only make things much worse."
Vladimir Putin doesn't have anything to do with an increase in the US money supply.
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