Complete BS. Just look at oil and natural gas future prices. Energy is used in the manufacture and delivery of everything you buy. You use it to heat and cool your home. Prices are going up, not down.
Friedman is a horse’s ass.
Along with flooding dollars into the market, we’re experiencing a shortage of commodities.
We will need to produce more before normalization. Worker productivity fell 7.5% in Q1 2022.