Quote:
Originally Posted by doobnVA
I cut and pasted this from the same web site you cut and pasted yours from:
"In less formal terms, putting more dollars in circulation dilutes the purchasing power of each dollar"
Inflation is a DIRECT result of money supply and demand. They are not two separate concepts.
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I have just explained in the same post why that is not always true. They are two different concepts and an increase in money supply is NOT the same thing as INFLATION!!! .