Steve’s Barking; Can anybody understand this inflated economy 🤷

 We’re in an inflationary period in America and in Europe. Of cause the prestigious(?) know it all’s from the prestigious university are saying the Federal Reserve tighten monetary policy even though this inflationary period is supply side inflation. This (meaning me) know it all says that if you really want runaway inflation tighten the money supply. Too many (perhaps up to one quarter) of business are able to stay in business due to the fact of cheap money. Now as I do recall from economics 101 too few businesses mean too few products to be sold, inflation would then go up. 

Now I do recall stagflation, and if I am right about tightening the money supply the stagflation of old would look like a mole hill compared to the mountain of problems that would happen including a deep recession with a staggering inflation. Can anybody say Argentina, perhaps Brazil.