Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Isn't that simply a math problem? eg MV = PT?

Friedman would see inflation as a tax more than as debt being repudiated, though, I think. And on that, I'd agree with him, one of the rare things...

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Tue Mar 11th, 2008 at 01:12:48 PM EST
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