The following article by Frank Shostak was originally published at the Mises Wire. Does it make sense that by means of more inflation the US economy could be pulled out of the liquidity trap? Some economists such as a Nobel Laureate Paul Krugman are of the view that if the US were to fall into liquidity […]
The Liquidity Trap: The Fed Is Drowning Us to Save Us
from SchiffGold.com http://ift.tt/2xJzOiy