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	<title>Monty Pelerin&#039;s World &#187; Monetarist</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
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		<title>A Simple Example and Explanation of Hyperinflation</title>
		<link>http://www.economicnoise.com/2011/10/14/a-simple-example-and-explanation-of-hyperinflation/</link>
		<comments>http://www.economicnoise.com/2011/10/14/a-simple-example-and-explanation-of-hyperinflation/#comments</comments>
		<pubDate>Fri, 14 Oct 2011 10:45:15 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[History]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Monetarist]]></category>
		<category><![CDATA[Art Cashin]]></category>
		<category><![CDATA[German Inflation]]></category>
		<category><![CDATA[Hyperinflation]]></category>
		<category><![CDATA[Money Demand]]></category>
		<category><![CDATA[Velocity Of Money]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=23808</guid>
		<description><![CDATA[To understand hyperinflation, this example from Art Cashin dealing with the price of a German loaf of bread is enlightening: To understand the incomprehensible scope of the German inflation maybe it’s best to start with something basic….like a loaf of bread. (To keep things simple we’ll substitute dollars and cents in place of marks and <a href='http://www.economicnoise.com/2011/10/14/a-simple-example-and-explanation-of-hyperinflation/'>[...]</a>]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Commentary on Milton Friedman and An Invite for Responses</title>
		<link>http://www.economicnoise.com/2011/08/10/commentary-on-milton-friedman-and-an-invite-for-responses/</link>
		<comments>http://www.economicnoise.com/2011/08/10/commentary-on-milton-friedman-and-an-invite-for-responses/#comments</comments>
		<pubDate>Wed, 10 Aug 2011 12:00:01 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Guest Post]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[Monetarist]]></category>
		<category><![CDATA[Comments]]></category>
		<category><![CDATA[Discussion Forum]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=22189</guid>
		<description><![CDATA[Below is a comment received from reader Ictator61 on the recent post from Reason on Milton Friedman. I have added my comments in blue. Towards the end, a series of actions that might be effective in turning the country around were proposed. I think his comments and expanding this list would be an interesting exercise <a href='http://www.economicnoise.com/2011/08/10/commentary-on-milton-friedman-and-an-invite-for-responses/'>[...]</a>]]></description>
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		<slash:comments>6</slash:comments>
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		<title>Lacy Hunt on Economics</title>
		<link>http://www.economicnoise.com/2011/07/21/lacy-hunt-on-economics/</link>
		<comments>http://www.economicnoise.com/2011/07/21/lacy-hunt-on-economics/#comments</comments>
		<pubDate>Thu, 21 Jul 2011 10:44:12 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[mauldin]]></category>
		<category><![CDATA[Monetarist]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Dominant Theories]]></category>
		<category><![CDATA[Economic Schools]]></category>
		<category><![CDATA[John Mauldin]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=21869</guid>
		<description><![CDATA[John Mauldin presents this introduction to a paper by Lacy Hunt. The Hunt article is a good read for econophiles: Long-time readers are familiar with the wisdom of Lacy Hunt. He is a regular feature of Outside the Box. He writes a quarterly piece for Hoisington Asset Management in Austin, and this is one of <a href='http://www.economicnoise.com/2011/07/21/lacy-hunt-on-economics/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>No Keynesian Saw It Coming</title>
		<link>http://www.economicnoise.com/2011/06/07/no-keynesian-saw-it-coming/</link>
		<comments>http://www.economicnoise.com/2011/06/07/no-keynesian-saw-it-coming/#comments</comments>
		<pubDate>Tue, 07 Jun 2011 11:51:28 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[knowledge]]></category>
		<category><![CDATA[Monetarist]]></category>
		<category><![CDATA[Economic Profession]]></category>
		<category><![CDATA[kurt richebacher]]></category>
		<category><![CDATA[Political Manipulation]]></category>
		<category><![CDATA[Statist Government]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=20943</guid>
		<description><![CDATA[&#8220;No one saw it coming&#8221; is one of the great excuses used by the economics profession to rationalize our economic crisis. The statement is convenient, but demonstrably false. It would be correct if it were stated differently: &#8220;No Keynesian economist saw it coming.&#8221; Rephrasing the statement in such a fashion makes it true but damning <a href='http://www.economicnoise.com/2011/06/07/no-keynesian-saw-it-coming/'>[...]</a>]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Inflation</title>
		<link>http://www.economicnoise.com/2011/04/16/inflation/</link>
		<comments>http://www.economicnoise.com/2011/04/16/inflation/#comments</comments>
		<pubDate>Sat, 16 Apr 2011 12:01:42 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Monetarist]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Inflationary Expectations]]></category>
		<category><![CDATA[Price Inflation]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=19804</guid>
		<description><![CDATA[According to Ben Bernanke, inflation is well under control, and if it isn&#8217;t he will correct it. He knows how or so he wants us to believe. Frankly, his ability to see the nose in front of his face is questionable. The following chart shows the correlation between Fed actions and commodity prices: H/T to <a href='http://www.economicnoise.com/2011/04/16/inflation/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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