Charles Longfellow

Some Random Thoughts on Deflation

I apologize. To be clear, I am suggesting that printing money may not create inflation until a balance is obtained. Imagine a traditional weight scale. On one side of the scale we put money, lots of it and increasing the amount in an attempt to raise the other side. The other side of the scale is the total of all credit that is no longer available. It that credit includes leveraged amounts, you will be able to keep printing money a long time before tip of the thing moves towards inflation.