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Inflation: It’s a Wealth Redistribution Scheme

The FedMoney and BanksMoney and Banking


When new money is made, it helps those who get the new money first (usually the wealthy) — at the expense of those who get it later (the poor).

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Getting Interest Rates Right (Is a Job For Markets)

Money and BanksMoney and BankingPrices

12/04/2014Mises Daily Articles
Interest rates are like prices, and the state should not regulate interest rates any more than it should regulate the price of soda. Regulation will lead to overuse of resources, shortages, and distorted markets.
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