More from the Mises Institute:
"...it’s much easier to let this inflation tiger out of its cage than to get it back in. We have ample evidence that once inflation picks up, it’s extremely difficult to control."
"The Fed should draw several lessons from history about inflation. The first is that an ounce of prevention is worth a pound of cure. You treat inflation like sunburn, by protecting yourself before your skin turns red."
But how do you manipulate the voters if you don't manipulate the money market?
I don't understand inflation either but its not a good thing if stuff costs more.
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