INFLATION

monetary phenomenology portal page on INFLATION inflation - What is it? gm pages, posts updated articles 8-2022 Inflation – what is it ? Milton Friedman told us: “Inflation is always and everywhere a monetary phenomenon”. But is it? QE-forever seems to suggest this can’t be right. Freedman’s inflation has been in trouble.  But has it? So … Continue reading INFLATION

Fiat Credit Money

... is our public money, it is created in our name, backed by our futures. So how come private banks get to create it ? "... there remains widespread misunderstanding of how new money is created, both amongst the general public and many economists, bankers, financial journalists and policymakers.  ...  the creation of new money and the … Continue reading Fiat Credit Money