The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt
Friday, June 27, 2014
Video: Mises Institute's Jeff Deist on how the FED Distorts Everything
Mises Institute's President Jeff Deist explains how Fed policies gives rise to the boom-bust cycle (Austrian Business Cycle), as well as, how inflationism impacts prices which in turn affect everything else.
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