Politics
No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.
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A just war must be defensive; a nation must be trying to stop an invasion. And even in a defensive war, you must follow...
No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.
Miran wants to fire up the Fed money printers. He absurdly believes Fed policy is ” well into restrictive territory.”