Money supply growth inched up in April, rising slightly above the March growth level, which was at a 12-year (145-month) low.
In April, year-over-year growth in the money supply was at 1.99 percent. That was up slightly from March’s growth rate of 1.92 percent, but was well down from April 2018’s rate of 4.32 percent.
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Ludwig von Mises and other free market economists have argued correctly that monopoly results from government intervention.
Rape and murder are violent acts. Ordinary citizens consider these to be far more serious offenses than acts of theft. Accordingly, as we allocate limited resources to solving all offenses, our expectation is that rape and murder will be given top priority.
Animals are a curious topic in finance, and we find them all over the place. We describe upward, downward or side-ways moving markets as bull, bear or deer markets. We have investment strategies ( “Dogs of the Dow”) and trading behavior ( ‘dead cat bouncing ‘) named after pets.
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