Paul Krugman: The Case For Higher Inflation
The gold price suppression scheme was a matter of public record in July 1998, six months before GATA was formed, when Federal Reserve Chairman Alan Greenspan told Congress: “Central banks stand ready to lease gold in increasing quantities …. I do not believe this is the case today for most couples, even after the housing crash. Health insurance was so cheap that no employer made employees pay anything — that inflation did not get out of hand until the last decade. …
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