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CommentsSuperbly well-written and conveyed in terms that even a non-expert such as myself can understand. Anyone that has set foot in a grocery store in the past ten years can see this in action. Why, then, is there not widespread anger over it?My favorite line from the article: "The more effectively modern economists and economic advisors do their jobs, the more damage they do the economy." Brother Markovitz, you hit the nail squarely on the head and drove it home with one whack! Posted by James Sharp on 04/15 at 06:14 PM | # Inflation’s worse cursePosted by Morry Markovitz on Apr 13, 2012 at 11:27 PM
Ending inflation by abolishing the Fed, a central bank of any kind, repealing the current legal tender laws, getting the government entirely out of matters of the economy Probably the worst of the many bad aspects of an inflationary economy (and one with a central bank is always inflationary) is its effect on savings, which is 2-pronged:
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