Monday, February 4, 2019

Timothy Taylor — 58 Episodes of Hyperinflation (Venezuela is #23)

For the record.

Conversable Economist
58 Episodes of Hyperinflation (Venezuela is #23)
Timothy Taylor | Managing editor of the Journal of Economic Perspectives, based at Macalester College in St. Paul, Minnesota


Andrew Anderson said...

Obviously* then, the DEMAND for fiat should be MAXIMIZED and that means de-privileging banks and bank deposits over the use of fiat itself by everyone and FOR FREE for citizens up to a reasonable limit on account size and transactions per month at the Central Bank or Treasury.

*to maximize the SUPPLY of new fiat that may be created to advance the general welfare for a given amount of price inflation.

Noah Way said...

Waiting for Roddis to blame this on "socialism".

Roddis who said, "high taxes cause inflation."

Noah Way said...

Roddis is MIA.

Let's hope it is a permanent condition.