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The trouble with [talking about] banking | 18 comments (18 topical, editorial, 0 hidden)
Re: The trouble with [talking about] banking (none / 0)
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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The trouble with [talking about] banking | 18 comments (18 topical, 0 editorial, 0 hidden)
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