Link Details
| ID: | 43313 |
|
| Title: | Growth and Inflation Debate - http://dollardaze.org/blog/?post_id=00378 | |
| Pagerank: | N/A | |
| Description: | Over the past few months, we have heard numerous times in the media that the Federal Reserve and the other central banks have a choice between economic growth and rising prices (wrongly defined as inflation). In fact, most investors have been brainwashed into believing that policies which stimulate strong economic growth automatically result in higher prices within the economy. For example, in the current situation it is now widely believed that by slashing rates and adding liquidity to the financial system, the Federal Reserve is opting for strong economic growth in the US which in turn is causing the consumer price levels to rise. In other words, most people are being hoodwinked into believing that the prices are rising due to strong growth! | |
| Category: | Business | |
| Link Owner: | ||
| Date Added: | May 11, 2008 05:00:00 AM | |
| Number Hits: | 0 | |
