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One more thing.

Because the inflation was happening to asset prices. Which lazy money likes. It's consumer price inflation that lazy money doesn't like.

I reckon this is a social-political preference, not an economic imperative. Where are Randians on this?

by das monde on Fri May 20th, 2011 at 03:44:56 AM EST
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I reckon this is a social-political preference, not an economic imperative.

Yes. See Mig's sig.

Where are Randians on this?

Insane. And blaming the government in defiance of obvious facts. As they are on every other subject.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri May 20th, 2011 at 08:25:57 AM EST
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