#LondonCalling: Temporary inflation overstays. @JosephSternberg @WSJOpinion
Oct 06, 2021, 12:28 AM
Photo: Bushels of C-notes. Each one devaluing silently under inflation.
"Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services."
#LondonCalling: Temporary inflation overstays. @JosephSternberg @WSJOpinion
"Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services."
#LondonCalling: Temporary inflation overstays. @JosephSternberg @WSJOpinion
https://www.thetimes.co.uk/article/4d6c30f4-254a-11ec-80e0-b4b33b6f1716?shareToken=eb15df2f46c0d599343967ad54d2abf1
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Many dollar banknotes.
Date | 19 February 2009 / Source | http://2bgr8stock.deviantart.com/art/Money-Cash-113445826 / Author | Jericho
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Permissions:
Many dollar banknotes.
Date | 19 February 2009 / Source | http://2bgr8stock.deviantart.com/art/Money-Cash-113445826 / Author | Jericho
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