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federal reserve
Jerry Jordan

Money, inflation, and central banks

Milton Friedman famously declared that inflation is always and everywhere a monetary phenomenon.  While that no doubt remains a universal principle, it is not the same (as some people think) that inflation is a central bank phenomenon.  Certainly, before central banks were created by governments there was inflation when Spanish galleons returned from the new world […]


Marcia Stamell

Beware of Surprise Medical Bills

You can do everything right when it comes to health insurance: Buy adequate coverage. See in-network doctors. And go to in-network hospitals. But you can still be liable for enormous medical bills.


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