Inflation in One Page
Someone asked for handout on inflation to pass out in front of the Fed. This is quick.
Monetary Theory
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Money, Banking, and the Federal Reserve: the Complete Transcript
The Federal Reserve System virtually controls the nation's monetary system, yet it is accountable to no one.
The Frightful Face of Stimulus
And what has Washington done? Rob us, badger us, and take us to war.
Dealing with Recession
When used with discretion, debt can be a good thing. But many of us individually, and we as a society, can have too much of a good thing.
Tax Rebates: Old Wine in Old Skins
Making consumers and businesses appreciate the real value of assets is the way out. There are no shortcuts, only placebos.
Credit Expansion, Economic Inequality, and Stagnant Wages
Since it's so important, the main point just made needs to be repeated: credit expansion creates an artificial economic inequality by showing up in the stock market and driving up stock prices. Since the stocks are owned mainly by wealthy people, they are the main beneficiaries of the process. The more substantial and the more prolonged the credit expansion is, the larger are the gains enjoyed by wealthy people more than anyone else.
Credit Expansion and Submarginal Investments
The systematic problem arises from the fact that monetary policy sends incorrect signals into capital markets, reducing lenders' ability to distinguish between good and bad loans; it also sends incorrect signals to potential borrowers about what they can and cannot afford.
David Frum on the Gold Standard
Although Frum naturally doesn't say it explicitly, the only "cushion" that unbacked fiat money can provide is that it allows politicians to literally paper over crises, limping along from one to the next.
Ron Paul vs. the Fed et al.
For 94 years, Americans were supposed to be awed and bored by the central bank, and pay no real attention to the greatest counterfeiting machine in
