Interest – Inflation = #REF
I have to admit that I derive some pleasure in taking on hoary old myths. For example, some economists assert that the interest rate…
Read MoreI have to admit that I derive some pleasure in taking on hoary old myths. For example, some economists assert that the interest rate…
Read MoreCurrency devaluation is seen by nearly every macro-economist to be the cure for trade deficits. Recently they have recommended it to Greece, arguing for…
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