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by Anechoic
5428 days ago
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>Would it send inflation skyrocketing the way that the stimulus sent inflation skyrocketing? :P From what I've read, inflation isn't a problem in the current economic climate because even with the increased money supply, no one is actually spending any money (or more accurately, most consumers don't have the money to spend) so there is no reason for prices rise since demand is low. I have no idea how Cuban's idea would affect inflation. Of course this is HN, so for all the knowledgeable people out there, please correct me if I'm wrong. |
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Inflation control is (like most economic problems) a balancing act. In my opinion way too much attention was paid to potential inflation problems in 2009/2010 instead of the real problem: unemployment.