Money-Supply Growth Drops Again — Falls to 108-Month Low
The last time the money supply grew at a smaller rate was during August 2008.
The last time the money supply grew at a smaller rate was during August 2008.
For the second time in less than two months, the Bank of Canada has raised interest rates.
The Bank of Mexico's reported profits are a short-term windfall that comes at the price of higher debt levels.
Central bankers seek to shrug off any limits to their power. Only if totally unrestrained, they believe, can they truly do "whatever it takes."
Massive monetization of debt is just a way of perpetuating and strengthening the crowding-out effect of the public sector over the private sector.