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Category: Letter to the editor

Letter To the Editor

Posted on by

Michael Towsey, Hobart, Tasmania, November 2023 Ravi Batra’s fascinating article (NHR, September 2023) on the 30-year inflation cycle suggests that the cycle can be explained by the following causal sequence: Social crisis → Government deficit spending →Increased money supply → Inflation.(Each arrow to be read as “causes”.) This sequence requires serious social crises to arise…

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