a Bob Murphy double header
As posted to consultingbyRPM.com/blog on 9/19/12 and 9/25/12, respectively
QE3's Lack of Limits Spell the Death of the Dollar
QE3 . . . with no end date, no dollar amount cap - the potential negative impact on citizens' wealth and on the economy is immeasurable.
Inflation IS the Plan
Dr. Murphy goes on to explain that price inflation IS the
"plan", not a regrettable by-product of QE3.
Robert P. Murphy, an Austrian School
economist, is a senior fellow in business and economic studies at the Pacific
Research Institute, and is an adjunct scholar and frequent speaker at the
Ludwig von Mises Institute. He writes a column for Townhall.com and has
also written for LewRockwell.com. He is an adjunct scholar at the
Mackinac Center for Public Policy and an economist for the Institute for
Energy Research.
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