2 years, 9 months ago
If banks were not holding cash would we see hyperinflation?
Did Peter Schiff account that Banks could hold liquidity, and thus, prevent hyperinflation, in his analysis?
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M$1 Answer
inflation is controlled by the FED...it offsets inflationary and deflationary effects predicated by economic and banking activity with open market operations and setting the discount and fed funds rate
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M$
What percentage of expenditure money supply dillution triggers hyperinflation? Is hyperinflation bridge by strong GDP?