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Hyperinflation

September 22, 2019 By Philip Barton

Sunday The reason that all those who have been predicting hyperinflation have been wrong for so long is not hard to find. They are adherents to the Quantity Theory of Money.  The QTM states that the more ‘money’ (fiat) is in circulation, the higher that prices will rise.  The theory is economically, historically and demonstrably wrong.  Many, many factors, … [Read more...]

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