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Which one of the following views do you think is the correct one? 1) bernanke printed a lot of money, there was low price inflation, but there would have been huge price deflation if he had not printed. The money printing prevented deflation. 2) bernanke printed a lot of money, and this did cause big...
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Central banks around the world are printing gigantic amounts of money, we are now entering a truly uncharted territory (old news I know). Which leads me to my question, how will people and businesses conduct trade under a period of high inflation in regards to price transparency? What will be the most...
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Mon. 12/12/17 22:22 EST . post #240 Then of course, there's bracket creep : [quote]A situation where inflation pushes income into higher tax brackets. The result is an increase in income taxes but no increase in real purchasing power.[/quote]
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Economists of the Austrian School understand that monetary expansion has the effect of making things more expensive than they otherwise would have been. At the root of the real-estate bubble was Federal Reserve monetary expansion funneled into the purchase of mortgages by Fannie Mae, Freddie Mac, and...
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While German inflation is 2% (Germany is the engine of Europe) http://www.global-rates.com/economic-indicators/inflation/consumer-prices/cpi/germany.aspx More inflation data here: http://www.global-rates.com/economic-indicators/inflation/inflation.aspx (Not on the list) Maltese inflation is 4.4% and...
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I couldn't find an answer for this. I don't know if it is from Milton Friedman himself or is it a general theory that 2-3% is "good for the economy." There are many parties in an econnomy so the question it is good for whom exactly? What is the thesis and antithesis of this theory?
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Please try out this Income & Inflation Calculator I created. I welcome comments and suggestions. http://monetarychoice.org/real-income-calculator/ Thanks!
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I think I understand how new money is created (Central banks' OMOs; fractional reserve banking; etc.). What I do not understand, on a very practical, every day level, is how inflation/money supply increases leads to higher prices. Is it because people who have taken on cheap credit go and spend everything...
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I keep reading articles about how the ways to prevent inflation and whu such and such is bad because it causes inflation (fiat paper money, fractional reserve banking, low interest rates, etc.) The one thing I don't understand, though, is why is inflation bad? It's elementary, sure. But rare...
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Can anyone explain to me how government steals from citizens by creating inflation? Thank you.