The real money-creating machines are commercial banks. Loan dollars become deposit dollars. Lots of lending means the money aggregates increase. Little lending means the opposite.
Argentina suffers from both high taxes and high rates of tax evasion. These two things are connected. The harder it is to pay taxes, the greater the motivation to evade them.
The right to property was not included in Canada's Charter of Rights and Freedoms. And it shows.
Bureaucracy and Regulation
The Trump administration has done little to undercut the federal government's huge bureaucracy.
Neel Kashkari is urging the Fed’s home office to lighten up on the interest rate hikes already. The President must be pleased.
World HistoryPolitical Theory
Gerard Casey paints a promising but realistic picture of what individualists of all stripes are up against.