Blackout Concludes

[Teckos_Pech]

As a person in NS I didn’t mind blackout…

But, in looking at the MERs…

Please stop the nonsense about inflation

In looking at the MER for August and looking specifically at the money supply I think CCP needs to sit down and very seriously think about what is going on with the money supply. [image] All the early gains in the money supply for 2019 have been more than wiped out. Now some (economic know nothings) might think this is good. It isn’t. Having a money supply contract sharply can lead to deflation. Deflation is bad because it can lead to a collapse in consumption spending which in turn leads to …