Ok, thank you. I found a page as well on the "so what" of that. http://www.crfb.org/blogs/cbo-consequences-growing-national-... . It would be interesting to pontificate about how much USD the Fed can print before it…
The velocity of money, not solely the supply of money, determines inflation.
Actually, I can't draw the logical conclusion myself. What is it?
Ok, thank you. I found a page as well on the "so what" of that. http://www.crfb.org/blogs/cbo-consequences-growing-national-... . It would be interesting to pontificate about how much USD the Fed can print before it…
The velocity of money, not solely the supply of money, determines inflation.
Actually, I can't draw the logical conclusion myself. What is it?