Each Time They Blame Inflation On Something Other Than the Money Supply... Drink!
Fireman Ben Bernanke is back with a brand new argument on what causes inflation... yet never mentions the word "money" once in a 38-page Brookings Institution paper.
Dear Fellow Expat:
Forget the “dual mandate” you learn about in high school social studies - the entire purpose of the Federal Reserve is to hide the very inflation they influence.
For roughly 17 years…
Keep reading with a 7-day free trial
Subscribe to Postcards from the Florida Republic to keep reading this post and get 7 days of free access to the full post archives.