3min chapter

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The Wealth of Nature: Economics as if Survival Mattered with John Michael Greer

Hermitix

CHAPTER

Quantitative Easing and Inflation

When you have the money, supply goes up. If availability of goods and services doesn't go off to match, you have inflation. And so there's been with quantitative easing, there's been an immense amount of money created by hand waving. How long can it continue? We simply don't know. It has not happened the past that this kind of thing has been developed with such complexity.

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