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Inflation for Dummies and Keynesians.
#inflation #GDP #deficits #money #M2 #M3 #prices #CPI #government #WallStreet #centralbanks #economy #markets
Today we will try to use a real-world example in order to try and explain what inflation really is and why it will not stop despite all the assurances from Central Bankers and politicians.
The main conclusion that we draw is that rising prices do not cause inflation but are the consequences thereof as the value of the legal tender currency we are forced to use is diluted.
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