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An economy on a fixed, unprintable base money supply can sustain rapid long-run growth with zero cumulative price inflation.
Drawn from what Lyn Alden said
What Lyn Alden actually said
Word for word, with the source under each one. They did not write this page.
Investment researcher and engineer who runs Lyn Alden Investment Strategy
There were booms and busts, and cumulative price inflation was zero, and the United States went from a new-world emerging backwater in the late 1700s to being the world's largest economy by the late 1800s.
Where this was said
↗Fractional Reserve Banking 101lynalden.com
All 3 korrents from this piecethis one is 3rd
Added to korrents 11 Mar 2026 · How quotes work · Something wrong? Tell us
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