"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters."
Daniel Webster
Tuesday, November 2, 2010
Inflation It Is
The Fed's latest move could reduce the value of the dollar by 20 percent. If that sounds bad, economist Arnold Kling explains why it could be even worse than you might think.
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