How Inflation Breeds Recession »
Posted By populist 8 months ago in Business & FinanceThe lesson is clear. We should stop our own inflation now. Not some time in the future, but now. We should not slow down the rate gradually over the years, but stop inflation now. And this means, to repeat, two main measures: first, balance the budget, balance it wholly by slashing expenditures and not at all by raising taxes; and second, stop expanding bank credit and printing paper money.
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populist
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