Monetary Tectonics

Posted by $ blarman 10 years, 3 months ago to Economics
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Though you might have to have a PhD in Economics to really understand everything, the author does a good job in highlighting via simple slides the real state of the US economy and the dynamics of inflation vs deflation. What might be of particular interest to Gulch readers is the notes about how deflation and inflation basically cancelled each other out prior to the elimination of the Gold Standard, meaning that investments retained their face value - a circumstance not enjoyed in the United States in decades.
SOURCE URL: http://globaleconomicanalysis.blogspot.com/2014/01/monetary-tectonics-50-slides.html


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  • Posted by Robbie53024 10 years, 3 months ago
    Interesting. I've been wondering why hyperinflation hasn't ensued, given the extreme increase in the money supply. This seems to point to the extreme increase in credit as a countering force - a force that should there be a change in the balance may result in hyperinflation, or hyperdeflation depending on which way the force changes.
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