August 25, 2014 Reading Time: < 1 minute

In an op-ed released today, Richard Ebeling, economics professor and former president of the Foundation for Economic Education, argues that the Federal Reserve’s misguided policies are driven by a fear of “price deflation,” but that their solutions often lead to disaster. According to Ebeling, the Federal Reserve, under the leadershp of Alan Greenspan, Ben Bernanke and now Janet Yellen, has preached price inflation to ward off the “danger of falling prices,” but that’s just wrong. Find out why here.

Johannes Schmidt

Get notified of new articles from Johannes Schmidt and AIER.