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How All That Extra Stimulus Money Could Lead to Price Inflation | Thorsten Polleit
| More money creation doesn’t necessarily mean higher consumer prices. But, if production is falling while consumers use their stimulus checks to buy food and clothing, we could see noticeable price inflation.
Original article: mises.org/wire/how-all-extra-stimulus-money-could-lead-price-inflation
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Dr. Thorsten Polleit, Chief Economist of Degussa and macro-economic advisor to the P&R REAL VALUE fund. He is Honorary Professor at the University of Bayreuth.
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