Money and Banks

Displaying 211 - 220 of 2759
Peter St. Onge

Paper money transforms governments from parasites to predators. Once a government can print what it likes, it no longer needs taxes.

Daniel Lacalle

Those who defend the science fiction fallacy of MMT say that if the government cuts the deficit, then the world will run out of US dollars and there will be a global monetary meltdown. This is so ludicrous that it should not even have to be discussed.

Daniel Lacalle

If the only antidote offered to prevent a 2008-style contraction is monetary easing, then the risk of stagflation is even higher. Without drastic cuts to deficit spending, or a recession, the likely outcome is stagflation.

Ryan McMaken

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession.  But "hope" is all the Fed has.