Monetary policy can cause markets to misallocate resources. That simple insight has profound implications for how financial markets should function. Cato Institute senior fellow Gerald P. O'Driscoll Jr. discussed asset prices and bubbles at the Cato Institute's Monetary Conference in November 2010.
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Wednesday, December 29, 2010
Gerald ODriscoll on Monetary Policy and Housing Bubbles
Labels:Peter Schiff ,Ron Paul
Gerald O Driscoll
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