Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
One more thing.

Because the inflation was happening to asset prices. Which lazy money likes. It's consumer price inflation that lazy money doesn't like.

I reckon this is a social-political preference, not an economic imperative. Where are Randians on this?

by das monde on Fri May 20th, 2011 at 03:44:56 AM EST
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