Economies don’t fail. They do exactly what they want to do exactly when they want to do it.Bill Bonner on Market Failure.
Fed chiefs fail to improve them. Politicians fail to understand them. And everybody fails to appreciate them.
Election Economic Misconceptions (11) Government Expenditure causes
Inflation
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Politicians (mostly on the right) frequently claim that increased
government expenditure causes inflation. This is simply not true.
If the economy is ov...
2 days ago
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