Tag Archives: monetary policy

Oversimplification Wealth And Power

Dear Friends, It seems to me, economics is more complex than the elites would have us believe, or understand themselves. Milton Friedman said inflation is always a function of monetary policy, which I think is an oversimplification. John Maynard Keynes … Continue reading

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The Federal Reserve System

Dear Friends, It seems to me, once you have thrown a rock into the sky over and over, each time it falls to the ground failing to fly, a sane person would reconsider his attempts to orbit a rock by … Continue reading

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