Valuable lessons from federal spending and debt

posted by
August 10, 2011
Future of Freedom Foundation
by Jacob G. Hornberger  
Posted in Commentary

"Americans are getting some great lessons in both economics and history in the federal spending-debt crisis. Yesterday, the Federal Reserve announced that it definitely intends to keep interest rates low for two more years. Translation: We will inflate (and debase) the currency to whatever extent necessary to get the economy rolling again." (08/10/11)

http://www.fff.org/blog/jghblog2011-08-10.asp  

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