Fed, Banking Regulations, Capital Flow, Crisis, Part 11
This article analyzes the inflationary effects of monetary and fiscal interventions, and their strangulation on economy, in the light of experience with 1953 recession. Compares the effectiveness of hidden hand with government’s hands. Provides the explanations, reasons and evidence on, why government interventions just worsen an already bad recession. Highlights the alternatives or I should say the original alternatives to government interventions.
