Economic Growth Requires Savings, Not Money Pumping
Keynesians believe that economic growth can occur only with an expanding supply of money. Growth doesn't need more money; it needs more savings.
Keynesians believe that economic growth can occur only with an expanding supply of money. Growth doesn't need more money; it needs more savings.
Ryan McMaken and Tho Bishop look ahead to 2023.
Twenty-six years ago, the debate was over whether or not the target inflation rate should be raised from zero to 2 percent. Now we're being told it should be 4 or 6 percent.
The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.
Money laundering is illegal in the USA, but like so many other federal crimes, it is difficult to identify and define. That is the perfect recipe for government abuse of innocent people.
Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement.
You don't want to miss Jeff's unvarnished thoughts on the Left, the Right, the economy, and what is sure to be a turbulent New Year.
Ryan and Tho look back at 2022 and touch on some of the worst and underappreciated trends of the year.
In the name of "protecting workers," progressive legislators put people out of work. For their own good, of course.
Investors should not care whether the Fed pivots or not if they analyze investment opportunities based on fundamentals and not on monetary laughing gas.