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The supply of money in excess of growth of the GDP is a satisfactory and reliable explanation of inflation.


Measuring US GDP in dollars is like measuring a shrinking table with a ruler that shrinks even faster each time you use it.

Simply doubling the money supply will miraculously double GDP figures because you're measuring GDP in terms of something you just halved in value (with disastrous results on the real economy)


I guess you’re a lot easier to satisfy than I am.




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