Central bankers always try to avoid their last big mistake
So every time there's the threat of a contraction in the economy
they'll over stimulate the economy, by printing too much money
The result will be a rising roller coaster of inflation
with each high and low being higher than the preceding one..
~ Milton Friedman ~ (1912-2006)
Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system"
I am now quite sure that 'Tragedy and Hope' was suppressed although
I do not know why or by whom. ~ C.Quigley ~