Lost in a Maze of Money Aggregates?
One of the most important concepts in economic theory is the quantity of money. However, when going from theory to practical application, things get messy.
One of the most important concepts in economic theory is the quantity of money. However, when going from theory to practical application, things get messy.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011. Includes a Question-and-Answer period.
The Federal Reserve Chairman, Bernanke, calls a fall in purchasing power of the dollar by over 95% stable. Interest rates have been pushed to zero. Continual inflation is deliberate and designed. Bernanke pretends he knows what he is doing.
Thanks to the doublespeak of monetary-policy experts, the launch of monetary policy leading to high inflation may not be discernible by the public at large.
While Sechrest's book will be an asset for further research, his untimely death has not only cost many of us a dear friend but will also deprive the continuing debate of his sound scholarship, open mind, and willingness to actively engage in the search for truth.
Jörg Guido Hülsmann shows us how to fix money.
More and more journalists and economists are calling for a return to "sound money." Joseph Salerno's new book provides a rigorous examination of what sound money really means.