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That’s just money supply increase cascading through different markets. Closest to money printer gets hit first, it goes out from there.
by pfannkuchen 1y ago
That’s just money supply increase cascading through different markets. Closest to money printer gets hit first, it goes out from there.
- euroderf 1y agoYour assertion seems intuitively correct, but I can't say I've seen any studies that explore the idea.
- pfannkuchen 1y agoI think this is mainstream Austrian school thinking. They seem ideologically opposed to the kinds of studies that the branches that pretend to be a science do, though. I Am Not an Economist, though, open to being better informed by those more Austrian than myself.