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Hyperinflation: Are the Austrians Wrong?


Ever since the Housing Bubble of 2008 imploded, many Austrian economists, authors, and spokesmen have come out to announce that hyperinflation was just around the corner. The concerns of a hyperinflation scenario¬†had much to do with the Federal Reserve’s policy of Quantitative¬†Easing (QE). The Fed had exploded its balance sheet to unprecedented levels since the…