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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (48275)	2/22/1999 1:07:00 PM
From: Mike M2	Read Replies (2) of 132070

To all, nice article on inflation. gold-eagle.com One major problem with current economic thinking is that its definition of inflation is limited to increases in product prices. The Austrian school of economics sees inflation as an increase in money and credit beyond the supply of available savings and the needs of economic activity. Mike

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