Tag Archive for: falling yield
Socialism and Gold Most people assume that the central bank prints money when it buys bonds. They further assume that this increase in the quantity of money causes an increase in the general price level. And, this leads them to assume that the value of the money is 1 / P (P is the general […]
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Keith Weiner
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Keith Weiner 2020-03-04 05:55:03 2020-03-03 21:42:43 Socialism and Gold
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