Money and Banks

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Brendan Brown

A euro collapse, rather than gas prices and bottlenecks, is the most likely source of sustained high CPI inflation in Europe following the Merkel era.       

Frank Shostak

An economic depression is not caused by a decline in the money supply per se, but results from a shrinking pool of savings made possible by a previous bout of monetary inflation.

Daniel Lacalle

As Japan did, the eurozone is betting all on government spending, stimulus packages, and massive debt monetization. In other words, there is no real economic recovery in sight. 

Ryan McMaken

Some fed officials simply shrugged off what was an obvious conflict of interest when they traded stocks and real estate holdings while making policy. The rules don't apply to central bankers.

Ryan McMaken

Petrou's new book on monetary policy details how the Fed's turn toward QE and ultralow interest rates have done wonders for billionaires while impoverishing millions of ordinary people. 

Frank Shostak

Without establishing the underlying causes of boom-bust cycles, employing policies in response to changes in economic indicators to counter economic cycles is likely to destabilize the economy.

Per Bylund

MMT is a pseudoreligious conviction that anything is possible and that the one and only solution is always Glorious Government.