3 ms·
But sometimes it takes much more than 13 months for the money to be destroyed. How does the inflation know the difference in those cases?
by maxerickson 3y ago
But sometimes it takes much more than 13 months for the money to be destroyed. How does the inflation know the difference in those cases?
- WalterBright 3y agoIt all averages out among all the banks issuing loans and resolving them.
- maxerickson 3y agoHousehold debt has gone up by trillions of dollars. https://www.newyorkfed.org/microeconomics/hhdc https://www.newyorkfed.org/microeconomics/hhdc