We’re All Talking about Inflation, but Deflation May Also Be on the Way
On account of the sharp reversal in the momentum of money supply, the momentum of the CPI might also follow suit.
On account of the sharp reversal in the momentum of money supply, the momentum of the CPI might also follow suit.
Unlike the euro, bitcoin is not a “shitcoin”
In a hyperinflation, the demand for money collapses.
Much like the fabled communism, whenever it fails, it becomes not-real-communism; when statism fails, it turns into not-real-statism.
The new humanitarians with the printing press are undoubtedly a great danger to humanity.
Excerpt from Mises’ ‘Human Action’