SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Mainstream Politics and Economics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Little Joe who wrote (6911)1/14/2012 7:35:19 PM
From: grusum  Read Replies (1) of 85487
 
So under your theory, if we just stopped using dollars and paid for everything by direct draft from our bank accounts eliminating the use of dollars, there would be no inflation?, There would be no money?

you know that's not what i'm saying.

i was trying to show you that what you think increases base money, doesn't. and with the number of dollars the same or a little more, we still can have price deflation. therefore, there must be more to the value of a dollar, than just the number of dollars.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext