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Free Download: Jens O. Parsson, "Dying of Money..."

Monday, December 16, 2019 4:17

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“Dying of Money:

Lessons of the Great German and American Inflations”

“The effects at the beginning of an inflation are all good. There is steepened money  expansion, rising government spending, increased government budget deficits, booming stock markets, and spectacular general prosperity, all in the midst of temporarily stable prices. Everyone benefits, and no one pays. That is the early part of the cycle. In the later inflation, on the other hand, the effects are all bad. The government may steadily increase the money inflation in order to stave off the later effects, but the later effects patiently wait.

In the terminal inflation, there is faltering prosperity, tightness of money, falling stock markets, rising taxes, still larger government deficits, and still roaring money expansion, now accompanied by soaring prices and ineffectiveness of all traditional remedies. Everyone pays and no one benefits. That is the full cycle of every inflation.”

- “The Crack-up Boom Has Already Begun”

Freely download “Dying of Money: Lessons of the Great

German and American Inflations”, by Jens O. Parsson, here:

- https://recision.files.wordpress.com/

Source: http://coyoteprime-runningcauseicantfly.blogspot.com/2019/12/free-download-jens-o-parsson-dying-of.html

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