You are viewing a single comment's thread from:

RE: My effort to get Steem featured on the Business Insider network

in #steem7 years ago

Thanks mate - checked out your post, but not a fan of your poltico-economic view. Hard data shows the link between monetary inflation and price inflation is tenuous at best. Monetary inflation != price inflation. There is a correlation, but it is not linear ie central banks and private lenders can increase the money supply by 10%, whilst price inflation only picks up by 1-3%. Studies have shown reduced government spending (Austerity) has long last economic consequences and fiscal multipliers are larger for spending than tax cuts.

You know you're being lied to ... but you need to have a good look at who's doing the lying ;)

Sort: