Taking Back the Meaning of “Inflation”
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
With growth now falling near or below negative 10 percent for the second month in a row, money-supply contraction is the largest we've seen since the Great Depression.
Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier.
Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier.
Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier.
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
With negative growth now dipping below negative 6 percent, money-supply contraction is approaching the biggest declines we've seen in decades.
Can national treasuries essentially adopt a permanent wartime footing and print far more money without consequence?
With negative growth now dipping below –5 percent, money-supply contraction is approaching the biggest declines we've seen in the past thirty-five years.
Is the dollar now unbound, as the dominant political tool of the dominant nation? Jeff and Bob take a look at how strong the US dollar really is.