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To increase my understanding of Austrian economics I wanted to compare the views of the inflationists and the deflationists. Some propose that the most likely scenario to happen in the (near) future is high- or hyperinflation while others argue that deflation might occur. Deflation: Bank assets decline...
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Hello, I had a question about libertarian banking. If in a libertarian society a gold standard is established and and end to government sponsored inflation is brought about by shutting the printing presses down do-to-speak and preventing fractional reserve banking because it is fraud, how will people...