N NoLimit Member Joined Jan 4, 2008 Messages 45 Jan 23, 2008 #1 Principle 9: Inlfation is caused by increase in the money supply. The textbook was written by George Bush's FORMER chief economic advisor, now i see why he isn't the advisor anymore
Principle 9: Inlfation is caused by increase in the money supply. The textbook was written by George Bush's FORMER chief economic advisor, now i see why he isn't the advisor anymore
B BillyFromPhilly Member Joined Oct 16, 2007 Messages 158 Jan 23, 2008 #2 NoLimit said: Principle 9: Inlfation is caused by increase in the money supply. The textbook was written by George Bush's FORMER chief economic advisor, now i see why he isn't the advisor anymore Click to expand... Should make for a lively discussion with your econ prof when you point out how Ludwig von Mises defined inflation - Inflation, an increase in money and credit
NoLimit said: Principle 9: Inlfation is caused by increase in the money supply. The textbook was written by George Bush's FORMER chief economic advisor, now i see why he isn't the advisor anymore Click to expand... Should make for a lively discussion with your econ prof when you point out how Ludwig von Mises defined inflation - Inflation, an increase in money and credit
