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dimanche 1 mars 2015

Zero inflation is great (so long as you're not in government)

Source: http://ift.tt/eo5TIt - Sunday, March 01, 2015

A world without inflation. A world where prices are as likely to go down as up, and where government tax revenues are as likely to fall as to rise. A world where people get increases in living standards more from lower prices than from higher incomes. And a world where the lazy excuse of “inflation” cannot be used to justify sloppy management in public and private sectors alike.




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