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by crdoconnor
4039 days ago
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>a country's GDP simply does not reduce 1000 times in a month, month after month for years. You can not have it if your government isn't printing money like mad. Yes, but the trigger almost never a government that goes insane and decides to print money like mad. The money printing is ramped up in an attempt to maintain the same level of spending in response to a supply shock. >Also, no the 4 QEs of the US since 2008 weren't not nearly enough to create hyperinflation. QE actually causes retail deflation. Which is counter-intuitive, I know. (the reason is that money printing doesn't cause inflation - spending does, and QE actually reduces spending in non-investment products) |
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