You mean, governments shouldn’t manipulate their currencies? Awwwwww....
posted on 10/23/2010 2:57:31 PM PDT
( They cry "Piece, piece." And there is no peace.)
You mean, governments shouldnt manipulate their currencies? Awwwwww....
Money supply should be driven by the market. The best way to do that is to aim for a low inflation target, neither constricting credit nor pumping unnecessary liquidity into the system to create bubbles.
In other news: Germany doubles 2010 growth forecast
posted on 10/23/2010 3:06:32 PM PDT
(Inflation is a form of taxation, too. Cranky Libertarian - equal opportunity offender.)
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