In the same category

Everybody loves an Early Inflation

IMG Auteur
 
 
From the Archives : Originally published July 30th, 2007
71 words - Reading time : less than a minute
( 2 votes, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Silver
Category : Fundamental





"Everyone loves an early inflation. The effects at the beginning of inflation are all good. There is steepened money expansion, rising government spending, increased government budget deficits, booming stock markets, and spectacular prosperity, all in the midst of temporary stable prices.


Everyone benefits, and no one pays.


That is the early part of the cycle."





By : Jens O. Parsson

Dying of Money: Lessons of the Great German and American Inflations




<< Previous article
Rate : Average note :5 (2 votes)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS