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While it's obvious that milton friedman is right, you concisely make the case. I think the blog does actually discover a possible additional rule. As inflatio
by incomingpain 5y ago
While it's obvious that milton friedman is right, you concisely make the case.
I think the blog does actually discover a possible additional rule.
As inflation takes off there are winners like gasoline who are going to be earning big money suddenly and they can give raises to their people, retain people, and also even politically lobby and so you have an associated political power structure created. Alberta for example just won big and this blogger sees why. Whereas the federal government have been actively attacking them for years. They haven't been feeling on the team for quite some time.