Turns out monetary expansion does cause price inflation: “ 1849 Sky high “gold rush” prices at a fashionable eating house in San Francisco: Corned Beef & Cabbag

Turns out monetary expansion does cause price inflation: “ 1849 Sky high “gold rush” prices at a fashionable eating house in San Francisco: Corned Beef & Cabbage (1.25), Sweet Potatoes (50¢), Apple Pie (75¢).”