Post
Topic
Board Economics
Re: Inflation and Deflation of Price and Money Supply
by
greatman95
on 31/03/2018, 12:00:19 UTC
But your argument reflects the “keynesian” definition. It seems to me we’d better avoid that. The thing is that our modern meaning of inflation deals with an effect, but not a cause, which you didn’t grasp in your posts. That is why they have such a strong dislike for this term.

i dont think so