#LearnMMT 'Printing Money fuels inflation'

Money Supply in China goes through the roof - X5 Since 2000.

Money Supply in USA trebles since 1980...👇
Inflation rate in China (Orange) & USA (Grey) over the same period...
Show me the inflation, let alone hyper-inflation since 2000...🧐

Lesson: Money supply does not fuel inflation

Lesson: Money velocity can. Credit Bubbles chasing too few resources. Houses etc.

Lesson: Lack of resources lack of, sudden loss of or sudden price hike, do

#LearnMMT
You can follow @duncanpoundcake.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:
There are a lot of misconceptions about the Turkish diaspora in Germany. Since i just finished writing an essay about this topic I thought it's time to give other people
Read more
Las mejores calculadoras online en 2020A thread http://totumat.com/2020/11/26/las-mejores-calculadoras-online-en-2020/ Cuando se estudian asignaturas que requieren de cålculos complicados, nada mejor que contar con una buena calculadora.
Read more
Mitigating #ClimateChange is as much about taking up new techs as about leaving others behindMost studies focus on #coal's global downfall but another #energy tech decline is loomingRead my new
Read more