Re:Former President Trump is projected to win the presidency
by JumpCrisscross on Wednesday November 06, 2024 @01:46PM
(#42067224)
> change in how "inflation" was being used largely goes back to Keynes and Modern Monetary Theory
This is totally false. It dates to the inter-War period, specifically, to describe Weimar hyperinflation. (If you just look at money supply, it was bad. If you look at prices it was the disaster that it was.)
This is totally false. It dates to the inter-War period, specifically, to describe Weimar hyperinflation. (If you just look at money supply, it was bad. If you look at prices it was the disaster that it was.)