Shrinking Money Supply
Aug 27th, 2008 | By Adrian Ash | Category: Currencies, Gold, International
Which way now for financial assets? Given what pumped them up, starting in late 2002, you’re better off asking which way for money itself.
Less money would mean lower prices — the very opposite of what the world calls “inflation.” And if cash becomes scarce as the gushers run dry, so ...read more
