The demand for loans among consumers and business owners is rising. And that could lead to a flood of new money into the economy. But the Fed is (rightly) afraid of where this might lead.
Financial MarketsHistory of the Austrian School of EconomicsMonetary Theory
Booms and BustsFinancial MarketsU.S. History
The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks.
The risk of abusing human rights through AI technologies becomes greater the more AI research is funded or directed by government agencies.
Capital and Interest Theory
Free MarketsMedia and CultureEntrepreneurshipInterventionism
SocialismCalculation and KnowledgeSubjectivism
Bureaucracy and RegulationMoney and BanksTaxes and Spending
MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.