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Ep. 243 To Understand (Price) Inflation Then and Now, Follow the Money

Bob Murphy Show

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The Difference Between M Zero and M Two

bob murphy: How is it that the public's behavior can effect the difference between m zero and m one? That'll be easier to think through. Then i'll just very quickly tell you, how could the public'sbehavior expect the difference in girl trates between m one and m two? Eh? So imagine is just a bunch of currency originally out in the hands of the publiclet's say it's a million dollars, and there's nothing in bank accounts. Now the public goes and they deposit half f that money into checking account balances. For more details and to see the special parks you can get, go to bob murphy show dot com slash contribute. Any amount helps,

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