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Some good links about inflation, fractional reserve money. Short version, the people with first access to money (banks, hedge funds) are able to get the new mo
by kennethh 13y ago
Some good links about inflation, fractional reserve money.
Short version, the people with first access to money (banks, hedge funds) are able to get the new money and use it before the increase in the money supply is reflected in the asset prices.
http://globaleconomicanalysis.blogspot.no/2013/02/reader-asks-me-to-prove-inflation.html http://globaleconomicanalysis.blogspot.no/2013/02/reader-ask...
http://globaleconomicanalysis.blogspot.no/2013/03/inflation-targeting-revisited-three.html http://globaleconomicanalysis.blogspot.no/2013/03/inflation-...