Ahead of the Herd
As a general rule, the most successful man in life is the man who has the best information
Inflation is caused by an increase in the money supply – the rate of inflation is determined by the quantity of goods vs. the money supply – more money chasing the same amount of, or fewer goods, causes price increases. The higher the price increases the higher the rate of inflation is said to be.
Wars cause inflation – war affects everything from international trading to labor costs to quantity of available consumer goods to product demand because governments:
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