August 2015
M T W T F S S
« Mar    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

The deeply, deeply deflationary side of the Eurozone crisis (graph …

The question is: What kind of activities? Creating more “paper” adds nothing to the productive economy. In fact, you could have an expanding money supply with a shrinking productive economy and price deflation to boot.

Read the article:
The deeply, deeply deflationary side of the Eurozone crisis (graph …

blog comments powered by Disqus