Why Money-Printing No Longer Causes Inflation: A Simple Explanation

Описание к видео Why Money-Printing No Longer Causes Inflation: A Simple Explanation

The logic of why money-printing no longer causes nearly as much inflation as it might have in the pre-high-tech age. In fact, the money-printing merely offsets technological deflation.

This is quite simple to grasp, unless you have memorized a set of outdated assumptions that are taught in old economics textbooks.

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