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John T
Member since May 2012
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>Inflation Is Here, and It Is Going to Get Worse  - Frank Shostak - 
Inflation Is Here, and It Is Going to Get Worse
Jct: If you think inflation is more money on the left chasing the goods on the right, yes, Shift A inflation means more money raises prices, but if you know that there's another possible shift that isn't taught in Economics, the same stack of money on the left chasing less goods on the right (after foreclosure), then you know we have to print money for paychecks to reduce Shift B inflation by foreclosures. Right. More money in circulation, less bankruptcy and foreclosure? Do not despair because incompetent economists are now in charge of the banking system engineering, the banking system engineer hasn't had the chance to fix it yet. Find the "Big Lie of Economics" to understand how untaught Shift B inflation works.


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4940 days ago
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Beginning of the headline :Is Inflation about Price Rises? The fundamental problem here is a failure to define the problem properly. The essence of inflation is not a general rise in prices as such but an increase in the supply of money, which in turns sets in motion a general increase in the prices of goods and services... Read More
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