Category Archives: The Automatic Earth

INFLATION vs DEFLATION: STONELEIGH vs. LIRA

This will be fun to watch! I see the deflationist’s point that deflation (net decrease in supply of money and credit) will continue as debt is paid down by consumers or defaulted on, with little or no credit available to … Continue reading

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Deflation and you: Acting perfectly sensibly

Thanks to Helen, now I have added The Automatic Earth blog to my blog list. Here is a sample from their blog: August 16 2010: Deflation and you: Acting perfectly sensibly Lewis Wickes Hine Where the money goes to May 1910 … Continue reading

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