Showing related tags and posts accross the entire site.
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I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...
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Someone slapped me this article when I was trying to explain him that inflation is caused by Money Supply. Now this author is a research fellow in Cato institute and quite recognized in India. Just wanted to know the response of you guys. Do you really think that Inflation being solely caused by money...
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See Rothbard's What Has Government Done to Our Money . When a regular person buys a government bond, that person is spending money they had to have somehow received beforehand from someone else. That is, it must have been money that was already in circulation. When the Federal Reserve buys government...
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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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Money as debt is a good educational video of how the system works but it's socialized solution is something that could be compared to the FED itself. The amount of money created (liability) in the economy should equal to that of the production (asset) of a nation thereby offsetting each other and...
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[quote user="Inquisitor"] It is not an inherent problem faced by capitalist economies. [/quote]It occurs only in economies that allow for some capitalism. The reason is however not private ownership of production assets, trade and freedom of contract. The reason lies rather in the financial...