What could possibly go wrong?
What could possibly go wrong?
The onlybquestion is what asset(s) will become inflated?
Everything, a la Carter?
Housing, a la Bush Clinton Bush?
Stocks, a la 0bama?
What?
Value free money has to chase something.
Quantity of money is inversely proportional to its Quality.
I have a great admiration for Friedman, though he probably never imagined that the results of inflationary policy would be spread across the globe and not localized to the country doing it. It seems that every other country is paying for our sins.