Sunday, May 15, 2011

Money



Money Growth Does Not Cause Inflation!
It is conventional wisdom that printing more Money causes inflation. This is why we are seeing so many warnings today of how Quantitative Easing I and II and the federal government's deficit are about to lead to skyrocketing prices. The only problem is, it's not true. That's not how inflation works. Hence, this is yet another of the false alarms being raised (along with the need to balance the ...

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