By Frank Hollenbeck
The European Central Bank says it is deeply concerned about deflation. And while that is probably true, deflation paranoia is also a convenient way to justify propping up southern Europe with easy money. Meanwhile, the Keynesians in charge of monetary policy do nothing to address the core of the problem.
Read the article here.
The European Central Bank says it is deeply concerned about deflation. And while that is probably true, deflation paranoia is also a convenient way to justify propping up southern Europe with easy money. Meanwhile, the Keynesians in charge of monetary policy do nothing to address the core of the problem.
Read the article here.
