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Prices flat with decreased supply and increased demand isn't really flat, especially with the additional trillions of dollars added to circulation.
by beerandt 5y ago
Prices flat with decreased supply and increased demand isn't really flat, especially with the additional trillions of dollars added to circulation.
- dragonwriter 5y ago> Prices flat with decreased supply and increased demand isn't really flat, especially with the additional trillions of dollars added to circulation. Yes, it is; supply and demand (and money supply is part of that) are price determinants. A flat output is a flat output regardless of the inputs that produced it. And, anyhow, most of the additional dollars were added after the brief period of flat overall price levels, and explain the return to inflation.