“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” M. Friedman « OASIS FORUM

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“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” M. Friedman

Posted by ipso facto @ 9:28 on May 21, 2025

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.