Not All Deflation Causes Suffering - Cafe Hayek

Not All Deflation Causes Suffering - Cafe Hayek: TweetHere’s a letter to the Wall Street Journal: Editor: Roger Lowenstein’s review of Troy Senik’s biography of Grover Cleveland is excellent (“‘A Man of Iron’ Review: Grover Cleveland, Honest to a Fault,” September 17). But Mr. Lowenstein makes a small error when, implicitly commenting on the gold standard in place during Cleveland’s time as president, […]