Empty ledger | Staff/guest columns

There’s a lot to be said for brevity, but that defeats the purpose. Neither time nor space allow me to comment on the many headlines, stories and political twists that make up an average news day – let alone an entire week. With that in mind, let’s clean up the ledger.

The Federal Reserve has yet to learn the harsh lessons of 1970s inflation, that when money supply growth slows, price increases also slow.

Greg Maresca is a freelance writer living in Elysburg, Northumberland County.

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