Article Image
News Link • Economy - Economics USA

Guest Post: Inflation Is Raging – If You Know Where To Look

• Zero Hedge
Inflation is an increase in the money supply, of which a rising general price level is just one possible result – and not the most common one.
More often, excessive money creation shows up as asset bubbles, where the new money, instead of flowing equally to all the products that are for sale at a given time, flow disproportionately into the ‘hottest’ asset classes. Readers who were paying attention in the 1990s might recall that the consumer price index was well-behaved while huge amounts of money flowed into financial assets, producing the dot-com bubble.
The same thing happened in the 2000s, when excess currency flowed into housing and equities.

Join us on our Social Networks:


Share this page with your friends on your favorite social network:

Agorist Marketplace