Does a Fall in Credit Lead to Deflation?
"A fall in normal credit (i.e., credit that has an original lender) doesn't alter the money supply and hence has nothing to do with deflation."
Monetary Theory
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Gold: India’s Capital Asset through History
India's ancient and deep religious traditions, combined with a plethora of historical, cultural, and practical reasons, have fostered an unflinching desire to acquire gold as a means of protecting one's wealth.
The Fallacy of the (Super)Neutrality of Money
it needs to be noted that the hypothesis of the superneutrality of money is expressive of the empiricist-positivist approach of modelling economics according to the natural sciences.
An Unsustainable Path of Debt Expansion
Mises not only outlined the consequences if the government continues to increase the money supply, he also outlined a monetary reform plan.
The Illusion of Living Wage Laws
Ultimately, a living wage in Athens (or anywhere) will actually hurt the poor rather than helping them.
XXXV. The Welfare Principle versus the Market Principle (continued)
Pages 836-850. Narrated by Jeff Riggenbach.
Does Deflation Pose a Threat to the US Economy?
"The reason why inflation is bad news is not because of increases in prices as such, but because of the damage inflation inflicts to the wealth-formation process."
The Virtue of Hoarding
Buying gold and silver coins and holding them is not only a way of protecting oneself against inflation, but it is also, in a sense, a way of boycotting the federal reserve. That in itself would be reason enough to own them.
Demand for Money and Supply of Money
Modern monetary theory takes up the thread of the traditional quantity theory as far as it starts from the cognition that changes in the purchasing power of money must be dealt with according to the principles applied to all other market phenomena and that there exists a connection between the changes in the demand for and supply of money on the one hand and those of purchasing power on the other.
