Mises Daily
Author:
Lewis E. Lehrman
Online Publish Date:
[Statement and testimony before the Subcommittee on Domestic Monetary Policy and Technology, March 17, 2011] Since the expansive Federal Reserve program of quantitative easing began in late 2008, oil prices have almost tripled; gasoline prices have almost doubled. Basic world food prices such as sugar, corn, soybean, and wheat have almost