3min chapter

The "What is Money?" Show cover image

Story and The Power of Control | The Stephan Kinsella Series | Episode 3 (WiM229)

The "What is Money?" Show

CHAPTER

The Importance of Unexpected and Unexpected Changes in the Money Supply

Whether a change in the money supply is expected or unexpected might have a bearing on economics. Even if it's totally expected and you know that like every year of the Fed is going to print 3% more of the money supply, I think it would not cause a business cycle. But even if it's expected and you can plan around it, you can predict the inflation rate and the interest rate because of all this. You're basically stealing purchasing power from these guys. Still results in theft."

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