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Central banks: the problem or the solution? The Jackson Hole Summit this weekend


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In my maiden speech in the Commons, I explained how central banks and easy money produce the economic dislocations which result in the business cycle. As the economics posts on this site attest, I have consistently defended the view that our economic difficulties are rooted in the chronically inflationary system of fiat money with which society has been saddled since the end of the Bretton Woods agreement in 1971. I’m glad employment, GDP growth and other indicators are positive but […]

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