The People Cause Inflation?
November 16, 2008
So says the criminal who heads the central bank of Zimbabwe. In fact, of course, modern inflation is entirely the fault of central banks, albeit with the active cooperation of fractional-reserve commercial banks. After all, rulers can’t clip the base metal coins governments issue these days. (Thanks to Eric Garris)
The Best of Llewellyn H. Rockwell, Jr.
Llewellyn H. Rockwell, Jr., former editorial assistant to Ludwig von Mises and congressional chief of staff to Ron Paul, is founder and chairman of the Mises Institute, executor for the estate of Murray N. Rothbard, and editor of LewRockwell.com. He is the author of Against the State and Against the Left. Follow him on Facebook and Twitter.
Ron Paul Wins