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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Bid Buster who wrote (268049)11/19/2003 3:09:21 PM
From: Tommaso  Read Replies (1) of 436258
 
eh.net

Sounds as if the book may be more concerned with the cultural and social effects of the inflation than with its causes.

Hyperinflation is never possible without an enormous increase in the money supply. The U.S. money supply has been increasing too fast (I think) for years but most recently has been reined in somewhat.

research.stlouisfed.org
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