Progressivism's Failures: From Minimum Wages to the Welfare State
Eben Macdonald • April 3, 2021
. . . inflating the money supply during recessions only erodes the paychecks of low-income earners.
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Loose money leads to loose morals and loose people . . . .
Were the dollar ever unseated, it would drastically alter the ability of the US to maintain its present deficits
There are a lot of problems when entire markets have based their valuations on inflationary policies not generating inflation.
