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Author Topic: The Fed Undermines Foreign Policy  (Read 304 times)

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Offline Gary G

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The Fed Undermines Foreign Policy
« on: April 08, 2011, 02:34:11 PM »
The Austrian economists define inflation as an increase in the money supply. It is followed by higher prices. The reason is that when you have more of something (created dollars), each unit is worth less. Therefore it takes more dollars to buy the same thing.   Gary

Read what Ron Paul reports here and know why prices are going through the roof, especially on the things that you have to have:

http://www.lewrockwell.com/paul/paul731.html
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Offline pmeisel

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Re: The Fed Undermines Foreign Policy
« Reply #1 on: April 09, 2011, 04:29:10 AM »
Half the truth is like half a brick, you can throw it twice as far.

Subject is far more complicated than covered in the article.  Why are interest rates zero right now?  DE-flation....
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Offline magooch

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Re: The Fed Undermines Foreign Policy
« Reply #2 on: April 09, 2011, 04:54:08 AM »
I might agree that selective deflation is the reason for low interest rates, but it is hardly because of general deflation.  My best theory is that it is a conspiracy so that I'm only able to make 2% on my IRA's.
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