The Undollar Digest

Is it true that printing money during a credit crisis is neutral for “inflation”?

Steve Saville 11/22/2011 [Excerpt] www.speculative-investor.com

In his latest weekly comment, John Hussman writes:
“Value always lives at the intersection between scarcity and usefulness. What determines the overall marginal utility of the dollars in circulation? Well, if there is a great deal of financial uncertainty, so that the dollar is considered a “safe-haven,” each dollar will have a little bit more value [...]


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