The government increasing the quantity of money faster than the economy grows when lacking the funds (the tax revenues) to pay for everything from war expenditures to welfare schemes.
Think Right or Wrong, Not Left or Right
Rethinking Who Should Be In Control Of Your Life
The government increasing the quantity of money faster than the economy grows when lacking the funds (the tax revenues) to pay for everything from war expenditures to welfare schemes.
Think Right or Wrong, Not Left or Right 