Money and Banking
Displaying 1771 - 1780 of 2009
Capital, Interest, and Profit
Profit is total revenue minus total costs. Ours is not just a profit system, it is a profit and loss system. Losses are a sign that you wasted land, labor, or capital, yet those who make profits are criticized.
The Economic Culture of Boom and Bust
Recorded at the 2003 Supporters Summit: Prosperty, War, and Depression.
(29:32)
Money and Prices
Many believe that if governments would just issue greater quantities of money then all problems would be solved. In truth that would create unsurmountable problems by lowering the purchasing power of each money unit. Money is the one good that is not made better by increasing its supply.
