A recorded mini lecture and video display purported to explain this mysterious phenomenon (mysterious to the Old Lady of Threadneedle Street, anyway). I knew that I was going to hear either a self-critical explanation or, more likely, some hogwash. Hogwash won, hands down!
Source link: http://archive.mises.org/16648/the-old-lady-hasnt-a-clue/
The “Old Lady” Hasn’t a Clue
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