Steve's barking at Dumb Inflation economics

Inflation is caused by too much money and the Federal Reserve's Quantitative Easing is like printing money. Now I may not have a PHD or even a masters in economics but I know that's a crop a Sh*t. Of cause all I hear is the end of the world is coming because the Feds printing money and this will cause runaway inflation. Now I didn't hear anything when during the Reagan administration about the Fed burning money which if I'm not mistaken almost destroyed the US economy.
I know that the common belief that runaway inflation in the Germany was caused by the printing of money, when the printing of high amount of Marks was due to inflation. I don't know why the vast majority of intelligent (?) people believe that it's better for the horse to push the cart then pulls it (It's an old expression putting the cart before the horse).
Now I know the school person's definition of inflation is too much money chasing too few goods. That's not my definition of inflation, especially when lazy people only look at the first part of the equation too much money and forget the second part chasing too few goods.
My definition of inflation is the price of goods and services keep rising and rising.
If it takes the average worker 20 hours too pay for his family too eat in a week five years ago, and only 10 hours to feed the family today even though the price of food has gone up 50% one can say that this person is not being robed of his earning power, yet even in my definition it would appear that food inflation has hit 50% yet work has deflated the price of food per hour worked. How is that possible? Raises, decrease taxes, combination of both.

What angers me is those fools who believe that money is the root of all inflation. They don't even take into account that there are different kinds of inflation.
Pay inflation, caused by the shortage of workers, Unions(?), government ( executive pay caused by cronyism). I'm positive there are other reason for pay inflation such as player pay in  baseball.
Droughts and floods causing shortages in food.. While  the inability to make profit causing farmers to give up their farms can also in the long run cause inflation in food prices.Supply and demand cause and effect.
Shortage of material which generally plays itself out in the business cycle.
The hoarding and speculating of goods, such as oil, which in itself can bring runaway inflation.(Energy inflation, gas and oil was one of the roots of the 70's inflation, the other was the Fed burning money ).
Monopolies keep the free market from operating efficiently possibly causing inflation in what they sell.



The central bank or in the case of the United States the Federal Reserve can cause inflation in two ways, by what I call burning money.
Hoarding money, making it scarce. That inflates the cost of money. Too make a profit cost of goods have got to go up. Inflation.
Charging high interest rates, see above.