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Inflation By Any Other Name, Part 1

Summary:
Let’s cut to the chase. The Fed is at once an engine of virulent inflation and also the cause of a massive shift of wealth to the tippy-top of the economic ladder. Taken together, those two toxic spawn of reckless money-printing pose a mortal threat to both capitalist prosperity and limited government. That’s because the […]

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Let’s cut to the chase. The Fed is at once an engine of virulent inflation and also the cause of a massive shift of wealth to the tippy-top of the economic ladder. Taken together, those two toxic spawn of reckless money-printing pose a mortal threat to both capitalist prosperity and limited government. That’s because the […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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