The Hidden Tax
December 1st, 2009
By Brianna Aubin Imagine that there are 100 people in the economy, and each person is in possession of $10. That would create an economy with a total M0 money supply of $1000 (M0 is the amount of hard currency and bank notes in circulation in an economy). Now imagine that a money fairy swept […]
Articles written by Brianna Aubin
Tags: central bank, Federal Reserve, inflation, money supply, purchasing power
Categories: Economics, History, Politics | Comments (3) | Home
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