Why the MSM Hates Judy Shelton
The media wants Judy Shelton destroyed, because she once made some sensible comments about gold and fiat money.
The media wants Judy Shelton destroyed, because she once made some sensible comments about gold and fiat money.
Quinn’s American Bonds shows that the federal government’s credit policies were important factors behind the particular evolution of securitization and credit markets in the United States.
Presented at Mises University 2020.
It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.
It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.
Contrary to what many modern economists say, increased saving is not a problem for the economy. The real problem stems from declines in production and saving, and these often result from central banks' monetary policy.
The assumption that an exchange presumes some sort of equality has been a delusion of economic theory since Aristotle.