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Interest Rates, Money Supply, and GDP - LewRockwell LewRockwell.com

That the world is on the edge of a monetary and economic cliff is becoming increasingly obvious. And becoming more obviously permanent than transient, price inflation will almost certainly lead to rising interest rates. Rising bond yields, falling equity markets and debt-triggered insolvencies will naturally follow. According to the economists prevalent in official circles, a prospective mix of so-called deflation and rising prices are contradictory, should not happen at the same time, and there...
United Kingdom Norman Montague Paul Volcker Milton Friedman David Ricardo Georg Knapp

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