The concept that very low rates of inflation are dangerous is closely related to the belief that there is some sort of an “optimum rate of inflation” for the economy, at which economic growth can progress at its smoothest. This…
The concept that very low rates of inflation are dangerous is closely related to the belief that there is some sort of an “optimum rate of inflation” for the economy, at which economic growth can progress at its smoothest. This…
Contrary to popular belief, gold was not a good store of value in the last century. Adjusted for inflation, the gold price behaved very cyclical. Since the 1920ies it showed a reverse pattern of economic sentiment. During periods of improving…
