Crank That Central Bank

No, Soulja Boy didn’t come up with yet another stupid dance.  I refer to Kevin Carson describing in higher detail the point I’d previously come to concerning monetary policy — in short, that money can be (indeed, is) tight for Us (people lacking political connections who could use credit) and loose for Them (high finance).  As he describes, in a way both the Goldbugs and the skeptical Left have a point.

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About b-psycho

Left-libertarian blogger & occasional musician.
This entry was posted in economics, random shots. Bookmark the permalink.

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