"The reader may say to himself, 'When will people learn?' Sadly, they don’t." http://www.zerohedge.com/news/2016-05-23/wheelbarrow-economics … Raw truth.
You get inflation (even hyperinflation) when holders of currency seek to dump it (with increasing desperation). ...
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... Quite possibly, in core economies, its next extreme manifestation could be unprecedented. http://nakamotoinstitute.org/mempool/hyperbitcoinization/ …
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Only if holders of currency dump their money into bread, cars, houses and haircuts. Otherwise it's an asset bubble
@alicemazzy -
That distinction isn't very convincing to Austrian types.
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