05/01/2017 - Frank Shostak: Central Bank Policies Are Leading To Economic Instability

“Increases in money supply lead to a redistribution of real wealth from later recipients, or non-recipients of money to the earlier recipients. Obviously this shift in real wealth alters individuals demands for goods and services and in turn alters the relative prices of goods and services .. Central bank policy amounts to the tampering with relative prices, which leads to the disruption of the efficient allocation of resources.”

LINK HERE to the article

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