Libertarian Papers
Author:
Laura Davidson
Online Publish Date:
time deposits/CDs Rothbard Cash surrender value of life insurance policies (not term) Rothbard Excluded from both definitions: Large credit deflation, but the deflation in this circumstance is caused by central bank policy rather than the direct result of a loss of confidence in the soundness of the in certain sectors of the economy. For example, in recent years, technological innovation in the electronics industry has created ever more advanced and more