Pacific Coast Coin Exchange
G LD & L
_November 30, 1972
An exclusive interview
Ec 0 ics Professor rray
explains why inflation must lea
recession or de ression
H is articles and I nterviews have been published
in the New York Times, Intellectual Digest, The
Freeman, Human Events, Quarterly Journal of
PCCE: What produces inflation?
ROTHBARD: An inflationary boom 16 lfl,::,.:ered
and fueled by bank credit expansion which. In turn.
is generated by the centra...
1399-Economics Profressor Murray N. Rothbard Explains Why Inflation Must Lead To Recession Or Depression.pdf