The Intensely Peculiar Notion of Government 'Fighting' Inflation

It’s an old saying, maybe an overused one, but early 20th century writer Randolph Bourne observed about war that it’s “the health of the state.” Well, of course. Governments get us into war, so it’s only logical that the power of government would grow in times of it.

An obvious corollary to the above is something yours truly has written, but surely isn’t the first to have written. If war is the health of the state, then economic crises are the state’s oxygen. Well, of course. Even though the natural state of humans is to grow based on our desire to get things, economic crises invariably reveal themselves.

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes