The Economy

Money Growth is Not Evil

Steve Conover over at The Skeptical Optimist has an excellent introduction to a series of posts on money’s role in the economy. Like Steve I am a firm believer in the fact that an increase in the money supply is not necessarily a red flag for inflation concerns… instead it’s a way of keeping the economy liquid and growing. Unfortunately I have seen too many people cry wolf as soon as the money supply starts to increase instead of looking at the underlying reasons why and actually trying to predict what outcome an increase would have on the economy as a whole.

But Steve has done a great job of explaining money’s role in the economy and has broken it down so almost anyone can understand it - complete with pictures! Be sure to check out this first post and stay tuned for the rest in his series.

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