Wednesday, October 24, 2012

Daily Reminder: Money Supply

Money supply growth is the principal cause of inflation. Milton Friedman argued that a healthy economy required restricting growth to the 3-5% range.

Obama's Record: gas prices
Data source: Federal Reserve. Data is for Sept 2011 to Sept 2012.

Michael Isenberg is the author of Full Asylum, a novel about politics, freedom, and hospital gowns. Check it out on

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