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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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There's a lot of blame-gaming going on here, and I'd like to set the record straight on who's to blame, because every member of the game has their share of responsibility. The Players: The Federal Reserve, Commercial Banks, Businesses, Consumers, the US government, and various foreign players...