Do Bad Economic Ideas Ever Die?

Forbes, Steve
July 2007
Forbes Asia;7/2/2007, Vol. 3 Issue 12, p15
The author offers his views on inflation. He notes that the current concern about inflation confirms the staying power of bad ideas, in this case the notion that economic growth creates inflation. Investors need to realize that monetary problems have usually bad political consequences. According to him, there still confusion between price changes that reflect normal supply and demand and those that reflect monetary blunders.


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