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Ideas from the Lunatic Asylum
3 years ago
https://mrdevinney.com/ideas-from-the-lunatic-asylum/
Inflation is absolutely devastating to the economy. It could be halted by not printing money. That won’t happen. Inflation will be explained in a number of ways—likely not correct. Then, ideas will float around how to control inflation. The idea that never goes away is price controls. I find it hard to believe they don’t know its never worked. It just leads to: shortages, decline in quality, black markets, and eventually rationing.
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