Credit Expansion vs. Simple Inflation
It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply.
It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply.
The real impediment to economic growth has been the relentless central bank tampering with financial markets.
As planned by Chavez, barter is indeed replacing currency transactions throughout the economy but with hardly the results the late socialist envisioned.
Turning toward sound money and freer trade with the US could help free Britain from Brussels and Berlin.
Jeff Deist and Daniel Lacalle discuss what rising interest rates will mean, and why academics and bankers are so clueless about the monetary side of financial markets.
The gold standard, if not abused, is not conducive to boom-bust cycles.
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.