Its been widely reported that the US's quantitative easing program or QE as it's affectionately known has flooded the global monetary system with cheap US dollars causing monetary inflation throughout the world. Could China be doing the same thing?
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of rights. Ludwig von Mises - The Theory Of Money And Credit - 1912
Showing posts with label Money Supply. Show all posts
Showing posts with label Money Supply. Show all posts
Thursday, 6 June 2013
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