Contends that central bank policy pits the Federal Reserve against consumers, creating business cycles and inflation. The book argues that as the cycle proceeds, the velocity of money starts to rise, complicating the central bank's problems, so that either depression or inflation ensues.
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ISBN | 9780899309101 |
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Sprache | eng |
Cover | Fester Einband |
Verlag | Bloomsbury 3PL |
Jahr | 19940730 |
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