Thai VI

NinjaTurtle เขียน:ท่านแม่ทัพมากมาขู่แต่วันเลย

เลยอยากให้ลด bullishness ลงบ้าง แต่ไม่รู้จะพูดอ้อมๆ ยังไง

Stock for the long run, Siegel, 3rd Edition, page 194 เขียน: Although the central bank has the power to moderate (but not eliminate) the business cycle, its policy has the greatest influence on inflation. As noted earlier, the inflationary decade of the 1970s was due to overexpansion of the money supply in the vain hope that the central bank could offset the contractionary effect of the OPEC oil supply restrictions. This expansionary monetary policy brought inflation to double-digit levels in most industrialized economies, peaking at 13 percent per year in the United States, and over 24 percent in the United Kingdom.