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Is wealth disparity the cause of economic problems, or are economic problems the cause of wealth disparity? From Murray Rothbard’s What Has the Government Done To Our Money? Courtesy of the Ludwig von Mises Institute: To gauge the economic effects of inflation, let us see what happens when a group of counterfeiters set about their […]
The Federal Reserve Open Markets Committee (FOMC) does not meet until the 19th of this month, but this is a big week for Central Bankers nonetheless. On Wednesday the European Central Bank (ECB) meets and as Neil Dennis of the Financial Times writes,“Given the rapid deterioration in confidence and business activity surveys in May, there […]
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