"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Ben and Barry's Inflation Problem
Submitted by Michael Kleen on Fri, 2011-03-18 03:00
There seems to be no doubt that Barack Obama is obsessed with gaining a second term as president of the United States. But this article (excerpted above) makes some very good points about how monetary policy plays into presidential politics. We will examine them further.
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