[DOWNLOAD] "Inflation Returns! Free Market Economists Debate the Prospects, Fears, And Even Hopes for Rising Prices in Post-Crisis America (Report)" by Reason ~ eBook PDF Kindle ePub Free
eBook details
- Title: Inflation Returns! Free Market Economists Debate the Prospects, Fears, And Even Hopes for Rising Prices in Post-Crisis America (Report)
- Author : Reason
- Release Date : January 01, 2009
- Genre: Reference,Books,Religion & Spirituality,
- Pages : * pages
- Size : 100 KB
Description
SINCE THE FINANCIAL crisis hit the country in September 2008, the White House, Congress, and Federal Reserve have responded with a combination of bailouts, federal spending, and an expansion of the money supply. Meanwhile, many free market thinkers have been warning of a wealth-sapping malady last seen in the U.S. more than a quarter century ago: inflation. It's a word that strikes fear in the hearts of survivors of the 1970s, elicits shrugs from the young voters who helped elect Barack Obama president, and (as we'll see) provokes fierce debate among even the most libertarian economists. After decades of relative confidence that the price of milk would be more or less the same today as it was yesterday and last year, Americans are once again wondering whether to keep what money they have in mattresses, gold bars, or banks. Has the time come to stockpile canned goods and pick up a wheelbarrow for transporting currency, or should we be afraid of the opposite--a prolonged contraction that causes prices to crash?