This is the VOA Special English Agriculture Report, from //voaspecialenglish.com | //facebook.com/voalearningenglish Food prices are down from their ...
This is the VOA Special English Agriculture Report, from //voaspecialenglish.com | //facebook.com/voalearningenglish Food prices have risen sharply in ...
Inflation is the increase in the money supply and higher prices are the
result. It amazes me to this day that so called financial experts can't
see this or are in denial that the laws of supply and demand do not apply
to currencies. The life span of fiat currencies averages around 40 years.
Nixon closed the Gold Window in 1971. It isn't a coincidence that people
and countries around the world are talking about or making agreements to
use alternative currencies to the dollar.
That is only half true, friedman said that inflation is the increase in money supply (M0) ,but he thought that the velocity of money was constant, which it is not.
Maybe financial "experts" don't understand it because........."The study of money, above all other fields in economics, is one in which complexity is used to disguise or to evade truth, not to reveal it"....(John Kenneth Galbraith)
Giant shopping malls being built everywhere. When you go in there are 200
employees falling over each other to help you, but only about 15 customers
in the whole building. Anyone else noticing this trend?
No one goes into finance without wanting to be richer than everyone else. That right there should be enough to make it obvious that there is an agenda behind his comments.