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Thread: Fedís Dudley: Hurricanes will boost economic activity over the long run

  1. #61
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    Quote Originally Posted by Oskar View Post
    I am saying that if money gets printed without a GDP to back it, inflation will result.
    That is not necessarily true. If the increased currency is not circulated among the public then there will be no inflation as a result of the increase in currency.
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    Quote Originally Posted by pinqy View Post
    That is not necessarily true. If the increased currency is not circulated among the public then there will be no inflation as a result of the increase in currency.
    What, so it just sits in the Rothschild vaults waiting for Janet Yellen to lower the interest rate?
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  4. #63
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    Quote Originally Posted by Oskar View Post
    What, so it just sits in the Rothschild vaults waiting for Janet Yellen to lower the interest rate?
    As one example? yes. But also it it's used to build reserves, repay debts, and saved or invested rather than spent. In none of those cases would you see a corresponding increase in prices.
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