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Printing more money without anything to back it is THE ONLY CAUSE OF INFLATION. Nothing else causes inflation other than increasing the amount of money in circulation. That's an indisputable fact and every Nobel Prize winning economist I mentioned including Milton Friedman agrees with that statement.
And I don't promote mercantilism. I obviously promote free market capitalism.
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"I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death."
- George Carlin
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04-05-2004, 11:30 AM
Hybrid Mode
