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In 1946, as now, the government held up the threat of deflation to justify a policy of ultra-low interest rates, writes James Grant. This audio Mises Daily is narrated by Clay Barnett.
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In 1946, as now, the government held up the threat of deflation to justify a policy of ultra-low interest rates, writes James Grant. This audio Mises Daily is narrated by Clay Barnett.

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