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Philosophy Explorer
- Posts: 5621
- Joined: Sun Aug 31, 2014 7:39 am
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by Philosophy Explorer »
Hobbes' Choice wrote:Philosophy Explorer wrote:Quoting Hobbes' Choice:
"...Printing money is inflationary. The rare times it does not actually cause inflation is when the economy is in a state of deflation...."
How do you define inflation and deflation?
PhilX
Re: the comment I made about you not understanding economics......QED.
Regarding your differing from the Forbe's article, QED. (based in part on Milton Friedman).
If that's your best response, then I wonder how much economics you do understand.
PhilX
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Hobbes' Choice
- Posts: 8360
- Joined: Fri Oct 25, 2013 11:45 am
Post
by Hobbes' Choice »
Philosophy Explorer wrote:Hobbes' Choice wrote:Philosophy Explorer wrote:Quoting Hobbes' Choice:
"...Printing money is inflationary. The rare times it does not actually cause inflation is when the economy is in a state of deflation...."
How do you define inflation and deflation?
PhilX
Re: the comment I made about you not understanding economics......QED.
Regarding your differing from the Forbe's article, QED. (based in part on Milton Friedman).
If that's your best response, then I wonder how much economics you do understand.
PhilX
I don't differ from that article.
It's just that you don't understand it.
