by Pater Tenebrarum, Acting-Man.com:
An Imagined Panacea for Economic Ills
The John Law school of economics remains alive and well. A recent article in the NYT informs us that “In Fed and Out, Many Now Think Inflation Helps” [sic].
A few excerpts:
“Inflation is widely reviled as a kind of tax on modern life, but as Federal Reserve policy makers prepare to meet this week, there is growing concern inside and outside the Fed that inflation is not rising fast enough.”
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