All Commentary
Monday, April 18, 2011

Inflation Hits China

“As the United States and Europe struggle to get their economies rolling again, China is having the opposite problem: figuring out how to keep its revved-up growth engine from generating runaway inflation.” (New York Times)

“Inflation is always and everywhere a monetary phenomenon.” —Milton Friedman

FEE Timely Classic
“The Great Chinese Inflation” by Richard M. Ebeling