Articles tagged with: liquidity
Legal counterfeiting
Posted in Blog on 21 March 2007
Posted in Blog on 21 March 2007
Printing money does not increase the amount of products and services available in the market. It only increases the prices in the long term, in the short term it creates an illusion of increased wealth before the slow adjustment of prices catch up.
“The services money renders are conditioned by the height of its purchasing power. [...]
