What they need is a Federal Reserve System!
/sarc
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Right, and anyone who thinks it can never happen here should take note of the fact that thirty years ago the idea of paying $100,000. for a house sounded strange to most of us and anyone who made $10. an hour was very well off indeed.
Speaking of the FRS, their central theory is that too much economic growth causes inflation. Zimbabwe must have had a lot of it.
Seriously, governments cause inflation, not economic growth. Zimbabwe, and other numerous examples throughout history prove it. Until our own Federal Reserve adopts that reality as its operating principle, we will continue to have inflation, and an economy that remains below its potential.