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> Inflation is nothing but the increase of money supply without an equivalent increase in production Wouldn't that mean that inflation would also be caused by
by lowboy 12y ago
> Inflation is nothing but the increase of money supply without an equivalent increase in production
Wouldn't that mean that inflation would also be caused by a decrease in production without an equivalent decrease in the money supply?
- czr80 12y agoYes. Google "stagflation".