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2min chapter
Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)
ACQ2 by Acquired
Is There a Money Supply to Increase Productivity?
An interesting thought experiment is, well, when would that not happen? Any thoughts there? Play the old professor mc brady gig imean. If we were producing goods at a much more rapid pace than ever before, if the economic growth in terms of production of goods actually out pase the amount of new money then it's really hard for prices to go down. That's one of the key ideas beneath all these models they taught me in grad school.
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