Boom and bust madness: An empirical look at the Fed’s dollar binge

posted by
December 28, 2011
by Matthew Melchiorre  
Posted in Commentary

"Given the Fed’s continued actions to keep interest rates low and its reported plans to keep them that way beyond 2014, now seems a good time to revisit the deleterious effects that monetary expansion has on the economy. The data makes all too apparent the relevance of the Austrian Business Cycle in explaining the results of years of easy money." (12/28/11)  

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