Politics
The “benchmark” Thanksgiving meal is cheaper only because Wal-Mart greatly reduced the size of the meal, and then declared it more affordable.
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Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.
The “benchmark” Thanksgiving meal is cheaper only because Wal-Mart greatly reduced the size of the meal, and then declared it more affordable.
Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a weighted...
One of the most enduring myths of American History is that Herbert Hoover was a laissez-faire advocate who “did nothing” while the U.S. economy...