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6/24/2004

Your Right to Deflation by Lew Rockwell

Falling prices [deflation] are a gift that the free market grants to all people, provided that the market's natural benevolence is not thwarted by central bankers and government officials. . . . Sadly, in our times, we are being robbed of our right to deflation by a massive countervailing force: the central bank.

# posted by George : 6/24/2004 10:14:00 AM | 0 comments

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