3 ms·
Increasing the money supply is not in and of itself inflationary, nor does it logically imply a depreciating exchange rate. This is true no matter how many time
by gph1 13y ago
Increasing the money supply is not in and of itself inflationary, nor does it logically imply a depreciating exchange rate. This is true no matter how many times Austrians and confused monetarists say so.
- laughfactory 13y agoI suppose we'll just have to agree to disagree on that.
- gph1 13y agoI'd be delighted to revise or update my views in light of any evidence you could provide.