Confusion Worse Confounded
In ending the gold standard, Nixon was guided by Milton Friedman, who wrongly believed that the Fed could end recessions and cope with inflation by controlling the quantity of money.
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In ending the gold standard, Nixon was guided by Milton Friedman, who wrongly believed that the Fed could end recessions and cope with inflation by controlling the quantity of money.
Many proponents of free markets have tried to cast aside the name “capitalism” as a descriptor
The more things change, the more they remain the same. In our present age of inflation,
The Fed’s specialty is propaganda through data, with a long record of failure. This is by