TITLE

Phony Problem

AUTHOR(S)
Forbes, Steve
PUB. DATE
March 2008
SOURCE
Forbes Asia;3/24/2008, Vol. 4 Issue 5, p13
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author criticizes the U.S. Federal Reserve Board for supporting the rise in inflation. The author argues that the notion of the Federal Reserve that it must choose between economic growth and inflation is false. He offers examples of instances when a country has both excellent economic growth and a stable currency. The author blames the inflation crisis to the Federal Reserve's decision to print too much money in 2004-2005.
ACCESSION #
31791174

 

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