by Henry Becker
03.06.2011
In my last post I outlined how printing money causes inflation. The other problem, and it is a big one, is that for every new dollar created the dollars in your pocket become less valuable. The question on the large scale becomes how do we get out of this problem (if at all) and in [...]
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by Henry Becker
03.03.2011
I am not going to bore you with economic theory but rather I will give you a simple example of why adding to the money supply is inflation and the affect is rising prices. For our simple example we will assume our simple economy has 1,000 units of output and the money supply is $10,000. [...]
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