Wednesday, January 16, 2013

Where Is the Inflation? - Mark Thornton - Mises Daily

Where Is the Inflation? - Mark Thornton - Mises Daily: "what the Fed chose to do ended up making the rich, richer and the poor, poorer. If they had not embarked on the most extreme and unorthodox monetary policy in memory, the poor would have experienced a relative rise in their standard of living and the rich would have experienced a collective decrease in their standard of living."


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