Category Archives: Inflation
Anything’s Possible
The captain manning the monetary controls is quite a tricky fellow. On Tuesday, in an appearance before the Senate Banking Committee, Federal Reserve Chairman Ben Bernanke was remarkably cunning and astute. Through measured sentences and stately prose he told nothing … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, consumer price index, senate banking committee
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Turning the World Upside Down
Some Words On Inflation “Inflation is always and everywhere a monetary phenomenon,” said Milton Freidman. What he likely meant is that inflation is the increase in the supply of money relative to the supply and demand for goods and services … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, government meddling, milton freidman, monetizing debt
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