Money-Supply Growth Falls to 9-Month Low as Mortgage Rates Rise
In November, year-over-year growth in the money supply was at 3.48 percent. That was down from October's growth rate of 3.7 percent, but was up from November 2017's rate of 2.6 percent.
In November, year-over-year growth in the money supply was at 3.48 percent. That was down from October's growth rate of 3.7 percent, but was up from November 2017's rate of 2.6 percent.
"Virtue signaling" is not a new thing. In fact, society benefits from organizations that help communicate the virtues of its members. This facilitates trust in society, which then enhances commerce and trade.
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Whether Christian or Jewish, public schools and their allies have long attempted to crush private religious schools.
This Christmas, countless workers will profit when others spend freely on "unnecessary" luxury goods.
In the era of relative market freedom, many of Venezuela's best years were during times of low oil prices. Trying to blame Venezuelan socialism's failure on oil prices only highlights how fragile economies are without markets.
A respect for property rights will become all the more important in the age of "designer babies" and "gene editing."
Not surprisingly, policies adopted by central bankers often serve the interests of the central banks themselves.
The ticket to the UN’s ideal of decent work is not regulation and legislation, but economic liberalization.
Contrary to popular thinking, the velocity of money is not a key factor in understanding price inflation.