Another Rutgers grad, Milton Friedman, dies at 94 – “
Friedman's theory that inflation results from too much money chasing too few goods inspired a generation of central bankers, beginning with Paul Volcker, who was Fed chairman from 1979 until 1987. Alan Greenspan and Ben S. Bernanke also credit Friedman's work as a blueprint for policy making.”
1 comment:
Milton had better hope that a few camels squeezed through a few needles last week.
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