Croxton: what if Westphalian peace1648 was neither Newtonian balance nor raison d'état but a religiously infused effort at collective peace?
Inflation may be "always and everywhere a monetary phenomenon” (Friedman). BUT not all monetary phenomena are always and everywhere inflationary!
October 25, 2020
Inflation may be "always and everywhere a monetary phenomenon” (Friedman). BUT not all monetary phenomena are always and everywhere inflationary! https://t.co/qI6Y6ufwR7