Self-fulfilling anticipation of inflation that will increase money velocity that will feed into more inflation and on and on goes the vicious inflationary cycle
What do you spend your spare dollars on? Or do you not believe there will be inflation and just hoard your dollars in anticipation of the opposite, ie deflation?
Self-fulfilling anticipation of inflation that will increase money velocity that will feed into more inflation and on and on goes the vicious inflationary cycle
What do you spend your spare dollars on? Or do you not believe there will be inflation and just hoard your dollars in anticipation of the opposite, ie deflation?
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