Summary: In 1946, as now, the government held up the threat of deflation to justify a policy of ultra-low interest rates, writes James Grant. This audio Mises Daily is narrated by Clay Barnett.
Summary: In 1946, as now, the government held up the threat of deflation to justify a policy of ultra-low interest rates, writes James Grant. This audio Mises Daily is narrated by Clay Barnett.