Saturday, June 7, 2014

Tim Price: We All Lost

Tim Price wrote a really good piece on central bank policy pointing to the same issues I have been ranting about, only better. Check it out here "We All Lost"

includes this great quote of Ludvig von Mises;
“The most important thing to remember is that inflation is not an act of God, that inflation is not a 
catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.” 

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