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MadSudaca
1591 days ago
So if printing makes dollars worth more, why stop? Or that effect only applied to 2009?
1 comments
arcticbull
1591 days ago
Because supply
alone
is not what defines the value of money. This is the concrete example of why Austrian economics is a wholly insufficient model.
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MadSudaca
1591 days ago
I think the Austrian school explains quite well the phenomenon, like Newton’s Laws for dynamics.
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arcticbull
1591 days ago
Now do Japan.
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