From the front page of today's Wall Street Journal, second paragraph, lead story, above the fold:
The concern is the outlook for inflation, which in small doses is crucial to a healthy economy and which monetary-policy makers around the world have failed to accelerate.-RW
inflation, which in small doses is crucial to a healthy economy...or a central banker trying to bribe a Politician to stay out of his affairs.
ReplyDeleteSo, do they mean an increase in the money supply or an increase in prices? Some "price-gauging" may be just what the doctor ordered, no?
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