Apoplithorismosphobia
It seems odd that economists would find the idea of falling prices to be a bad thing. Likewise, it is peculiar that policymakers would fear deflation and be willing to take drastic measures to insure
It seems odd that economists would find the idea of falling prices to be a bad thing. Likewise, it is peculiar that policymakers would fear deflation and be willing to take drastic measures to insure
Hans F.
I don’t think the world has ever been in a more dangerous economic situation than it is today.
In this audio interview, Ron Paul touches on recent developments affecting the value of the dollar, the potential for currency collapse, gold, war,
Money is a measure of value as the ruler is a measure of length. Changing the length of a ruler, or constantly manipulating the money supply, can only create chaos.The ECB doesn’t realize that constantly changing the measuring stick makes entrepreneurial decisions much more difficult?
One of Mises’s followers was Jacque Rueff, the popular economic advisor to French President Charles de Gaulle.