Episode 294: Article I, Section 8, Pt.2
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Introduction
Antony: I've run across a couple of articles about how governments are handling inflation. Turkey's government says that they're going to lower the interest rate in an attempt to fight inflation. Antony: Lowering interest rates is what you do when you want to increase inflation, not cut it. He says central banks don't measure size of money supply as indicator of whether we'll get inflation or not.
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