Sunday Musings

It is not too often that I stumble across a new site that I think really adds value.    This Forbes site is one of them.   

 http://www.forbes.com/sites/michaelpollaro/2012/02/25/u-k-true-austrian-money-supply/2/

It is on my thinking alot, the money supply.   And how this will affect the price of things we need, food, housing, gold, energy.   Probably due to softness in the economy, the rate of inflation would be even higher, but one can see that at a 10% annual rate of increase in money (and Bennie confirming he will print at least $80B per month), that in about 7 years, the money supply would double.    In theory, that would make goods about double in price, although growth in the amount of goods available would probably influence that also.