The Money Supply Has Plummeted in the Biggest Drop Since the Great Depression
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
The world is changing, and in the coming five years we'll see how accelerating debt, declining demand for dollars, and rising price inflation will show how deficits do matter, after all.
Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.
Modern culture is biased against those that are rich even while depending upon the wealth that successful entrepreneurs have created.
Despite all of the inflation-fighting talk from the Fed, the truth is that the government benefits from inflating the currency. We need to know how to defend ourselves.
The siren song of a stable price level has lured leading politicians and economists as early as 1911.
In 1948, Ludwig Erhardt rescued a German economy that was in shambles simply by invoking free markets and currency reform. Our economy needs its Rothbard moment.
Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.
Like so many others in the "national greatness" movement, Christopher Buskirk understands some of the problems the country faces but fails to grasp the solutions.
As government regularly intervenes in economic and financial markets, both continue to deteriorate. We must understand the kind of damage government causes.