Posted Jun 21, 2017 by Martin Armstrong

People are just starting to grasp why deflation is also present in the USA. Despite all the screaming about Quantitative Easing, most remain confused why hyperinflation has not taken place. Most are obvious to the fact that there is a dynamic process involved that is a lot more complex than traditional economics teaches in school. Sorry, but the quantity of money theory

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https://www.armstrongeconomics.com/armstrongeconomics101/economics/welcome-to-deflation/