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>government's ability to simply print money and create out of control inflation, which has actually happened many times. ...I suppose that it doesn't even have
by xrange 12y ago
>government's ability to simply print money and create out of control inflation, which has actually happened many times.
...I suppose that it doesn't even have to be out-of-control for it to have a fairly dramatic effect...
http://observationsandnotes.blogspot.com/2011/04/100-year-declining-value-of-us-dollar.html http://observationsandnotes.blogspot.com/2011/04/100-year-de...
- maratd 12y agoSee that wonderful spike upward in the chart you're quoting? That would be the Great Depression. I assure you, inflation is the lesser of two evils. Deflation is much, much worse.