Quote:
Originally Posted by NoRush993/951
The dollar is loaned into existence and created from nothing - an IOU of grand scale.
Time to review history and learn from the insights of the French Assignat - a paper bill issued in France as currency from 1789 to 1796, during the French Revolution.
Increasing the float of currency units is inflationary by definition, as real value is not fixed and correlates with the increased currency creation unit velocity. In the end, we are going to need currency with more zeroes on them as the real purchasing power value of hundreds turn into twenties and then into tens....
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Prices remaining constant is the new inflation..because demand and velocity of money has fallen off a cliff. If it were not for tons of printing prices would have Deflated. It has taken all that printing to keep prices constant.
Your thinking is one dimensional.