Deficits often bring inflation, as they did in 1984. But there is little chance of that today when demand and supply are largely in low-level balance.
US President Franklin Delano Roosevelt (Original color transparency of FDR taken at 1944 Official Campaign Portrait session by Leon A. Perskie, Hyde Park, New York, August 21, 1944. Gift of Beatrice Perskie Foxman and Dr. Stanley B. Foxman. August 21, 1944).(photo credit: WIKIPEDIA)BySHLOMO MAITALRead More
