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Tag: monetary policy

Gary North: Which Flation will Get Us?

WHICH FLATION WILL GET US? from garynorth.com Date 9/8/2009 Issue 109 One of them will. That’s if things work out really well. Two or three will if things go according to the Austrian theory of the business cycle. Americans have been living in the eye of the monetary hurricane. Prices have been stable. In July, […]

Refuting “Economic Suicide”

Tuesday, September 1, 2009 Refuting “Economic Suicide” Inflation is always and everywhere a monetary phenomenon. These are the words of Milton Friedman in A Monetary History of the United States. The meaning of those words is that no matter what, inflation is a function of the amount of money available. Inflation occurs when more money […]

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