Money, Money, Money

Written By: Jeff Peterson  |  Posted: Tuesday, March 30th, 2010

Last week my article was on the phenomenon of inflation. I want to continue on that theme in this issue. Inflation is caused by an increase in the currency (i.e. Federal Reserve Notes). This increase is often described as an increase in the "money" supply but that is not the true wording that should be used. I know that I can be accused of being a stickler, with the logic of