If money supply (& demand) remains unchanged and supply
Posted on: March 10, 2025 at 18:15:16 CT
Spanky KU
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drops, what happens to prices? They go up. (inflation)
In other instances, demand goes up as money supply (wealth) increases and supply can't keep up, what happens to prices? They go up. (inflation)
In other instances, demand remains flat & money supply also remains flat while supply outpaces demand via productivity... what happens to prices then? They go down (deflation)