"Inflation is always and everywhere
a monetary phenomenon," according to Milton Friedman. The United States is poised for another round of inflation. This blog is the daily diary of the new stagnation. Dust off your disco shoes, the 70's are back.
Thursday, April 10, 2008
Wall Street Journal Sees It
The Wall Street Journal reports a wave of global inflation, including the highest rate of inflation in Europe in over a decade.
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