EH.Net Mailing List Archive: HES

HES: RE: QUERY--Econ fallacies question

Kevin Quinn (kquinn at cba.bgsu.edu)

Mon Jul 17 10:08:17 EDT 2006

Mathew Forstater wrote  
> One economist's "fallacy" is another's "law."  Say, I don't get "the  
> quick fix to inflation of printing money," I can't think of anyone   
> who supports that view?  Or am I missing something?  
>   
  
  
The only thing I can think of here is the fallcious inference from "the real  
money supply typically falls during hyperinflations" to "excessive money  
creattion cannot have cause the inflation."  
  
Kevin Quinn