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>You seem to be implying that these are two unrelated phenomenon. All I am saying is that printing USD has almost no effect on inflation especially since money
by ganeshkrishnan 5y ago
>You seem to be implying that these are two unrelated phenomenon.
All I am saying is that printing USD has almost no effect on inflation especially since money nowadays inherently has no value after being de-coupled from gold.
Maybe if everyone across the word suddenly got $1 million dollars, we could be seeing inflation.
I believe that as long as people spend their money to buy goods without saving up (debt of a country)and economic outputs remains consistent, printing money does not necessarily cause inflation.
I am interested to know if printing excessive money in a functioning economy ever caused inflation after the 70s, to be proven otherwise.
- nostrademons 5y agoZimbabwe money supply + inflation: https://static.seekingalpha.com/uploads/2012/7/14/426795-13422563628257763-Economics-Fanatic.png https://static.seekingalpha.com/uploads/2012/7/14/426795-134... Venezuela money supply: http://fingfx.thomsonreuters.com/gfx/rngs/VENEZUELA-ECONOMY/010040800HY/images/share-card.png http://fingfx.thomsonreuters.com/gfx/rngs/VENEZUELA-ECONOMY/... Venezuela inflation rate: https://i.insider.com/5b368d86ce37b21c008b4892?width=600&format=jpeg&auto=webp https://i.insider.com/5b368d86ce37b21c008b4892?width=600&for... 1990s Russia inflation rate and money supply, in table form: https://www.sjsu.edu/faculty/watkins/russianinfl.htm https://www.sjsu.edu/faculty/watkins/russianinfl.htm