The Federal Reserve System Is the Only Institution That Can Bring That About

If the problem were that it was cost push, it was being driven by oil, then this is what we would see. We would see the oil will be going up, but other things would go down. But if everything's going up, well, you only have a budget of x. Where did you get the extra money to both buy the more expensive gas and keep up your purchases of other things? Your budget is x. And so what is the institution in american society that can bring that about? The federal reserve system. So good for the libertarian party for talking about it,. Talking about the federal reserve system, and identifying it not as a nusence that occasionally bumbles