November 6, 2013
Many conservatives insist that increasing the money supply (the blue line in the graph above), will inevitably lead to massive increases in inflation (the red line). 
To which all one can say is: anything is possible. But the recent record suggests such fears are overblown …
ht: An Economist’s View

Many conservatives insist that increasing the money supply (the blue line in the graph above), will inevitably lead to massive increases in inflation (the red line). 

To which all one can say is: anything is possible. But the recent record suggests such fears are overblown …

ht: An Economist’s View

  1. appleqb reblogged this from politicalprof
  2. rjtmd reblogged this from politicalprof and added:
    At least some degree of inflation (over 2% imho) is a good thing in one aspect - it will devalue the Federal Debt,...
  3. supergaijin reblogged this from letterstomycountry and added:
    That it’s incorrect. Inflation is not an increase in money supply it is a workstation of purchasing power. Increasing...
  4. res-publica reblogged this from politicalprof
  5. the-cold-revolution reblogged this from politicalprof and added:
    I don’t think either of you have it right. After the housing market blew up, we had massive deflation in the form of...
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  14. politicalprof reblogged this from letterstomycountry and added:
    Politicalprof: thanks to LtMC for these thoughtful comments. These issues should be addressed. Still, too many...
  15. tr0tskitty reblogged this from letterstomycountry
  16. letterstomycountry reblogged this from pol102 and added:
    LTMC: To play devil’s advocate for a moment, some economists would argue that this graph misattributes inflation to the...
  17. tardissr reblogged this from pol102
  18. pol102 reblogged this from politicalprof and added:
    From politicalprof: When opinions and data collide, I always go with data.
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