Re:In Argentina, inflation is a way of life
by imtringued on Saturday January 29, 2022 @07:37AM
(#30125794)
Mainstream economists don't know how to stop inflation.
Keeping the money supply stable does not stop inflation. Inflation is ehat happens when you have a currency where a portion of it is not circulating in the economy and then suddenly becomes active and turns into demand for products and services. Even a gold standard will have inflation.
Keeping the money supply stable does not stop inflation. Inflation is ehat happens when you have a currency where a portion of it is not circulating in the economy and then suddenly becomes active and turns into demand for products and services. Even a gold standard will have inflation.