Inflation, the beloved Keynesian goal, has the opposite effect

The Deflation Bogeyman

By Thomas Brewton —— Bio and Archives--November 6, 2010

American Politics, News | Comments | Back To Full Article

Declining prices are not necessarily bad. The Fed plans to add massively to the supply of phony money by monetizing the Federal debt with QE2, its latest multi-trillion dollar intervention to manipulate the financial system and to control business production and employment decisions.

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