Bob Murphy and Jeff Snider discuss the recent spike in lending rates in the repo markets, and how the Fed’s attempted solution fails to address the real problem.
In July, year-over-year growth in the money supply was at 2.19 percent. That was up slightly from June's rate of 1.98 percent, but was well down from July 2018's rate of 4.07 percent.
In June, year-over-year growth in the money supply was at 1.98 percent. That was down slightly from May's rate of 2.10 percent, and was well down from June 2018's rate of 4.30 percent.
Creative design of statistics cannot solve the persistent crisis. The core of the problem lies in a misguided economic policy that zombifies the Japanese economy and thus undermines prosperity.
Liberty musician Jordan Page discusses the plight of Schaeffer Cox, an Alaska liberty activist and militia leader who is being held by the federal authorities in a high-security prison.
