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	Comments on: Biflation	</title>
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		By: Timm		</title>
		<link>https://phantasmix.com/biflation/comment-page-1/#comment-4195</link>

		<dc:creator><![CDATA[Timm]]></dc:creator>
		<pubDate>Mon, 28 Sep 2009 08:57:31 +0000</pubDate>
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					<description><![CDATA[Almost a year later, and we here are now into full on monetary biflation, with a massive surge in central bank narrow money, and a contracting broad money supply.

Will it last? I guess that depends on whether they boost the supply of narrow money to the extent that it drives out all credit, which is what the hyperinflationists would have us expect. But is that really what TPTB want?]]></description>
			<content:encoded><![CDATA[<p>Almost a year later, and we here are now into full on monetary biflation, with a massive surge in central bank narrow money, and a contracting broad money supply.</p>
<p>Will it last? I guess that depends on whether they boost the supply of narrow money to the extent that it drives out all credit, which is what the hyperinflationists would have us expect. But is that really what TPTB want?</p>
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