Warum gibt es etwas und nicht nichts? (Why is there something rather than nothing?) - Leibniz

Monday, July 14, 2008

TMS a better measure of the money supply?

What looks like an important idea and discussion of "True Money Supply" in Mish. I shall have to chew on it for a bit, but thought the finance-oriented reader might care to do the same.

Mish says when you look at the situation correctly, we are definitely in DEflation.

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