Saturday, April 18, 2015

Andrew Johnson, Chapter #10, Question #6

What stuck out to me about this chapter was the complexity of the inflation and deflation and the methods of controlling them. Wheelan provides examples where inflation can come about the government printing off to much money, the government encouraging certain consumption practices, or the populous just reacting to an event somewhere in the world. Being that inflation and deflation are such complex in nature  and are major influencing factors of trust/reliability for all people, Wheelan effectively communicated the importance of the fortification of equilibrium between the two.

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