March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

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