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IPFS News Link • Economy - Economics USA

Fallacy of Inflation Targeting

2-28-08 • Michael Shedlock / Mish

In the final analysis the Fed undershoots, overshoots, and blows serial bubbles. It matters not whether this is by accident or by design. The end result is the same: wealth concentration in the hands of the banks....

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Fallacy of Inflation Targeting

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