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U.S. Treasury Assistant Secretary Harry Dexter White (L) and John Maynard Keynes, honorary advisor to the U.K. Treasury, at the inaugural meeting of the International Monetary Fund's Board of Governors in Savannah, Ga., on March 8, 1946. IMF
Interventionists always blame inflation on everything and anything except the only thing that makes aggregate prices rise: issuing more units of currency than the real demand. Seller inflation is the same excuse and fallacy as cost-push inflation. A way to confuse citizens and assign causation to something that cannot make aggregate prices rise.
