Zweig's Column Today

More notes from the past that we would all do well to remember.

First, J. Zweig at the Wall Street Journal discusses credit ratings and a professor named Palyi: http://online.wsj.com/article/SB10001424052748704405704575596382345085258.html

Second, go here: http://mises.org/books/inflation_primer_palyi.pdf to find Palyi's book about inflation.

Inflation isn't benign, even when it is small.