Money and BanksMoney and Banking
It is not possible to generate something out of nothing as suggested by Keynes and his many followers.
Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.
Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.
The sooner we stop conflating “technology” with “coin,” the sooner we will have a better understanding of what is and is not sound money.
Money and BanksCapital and Interest Theory
The Fed's policy of price stability, as in the 1920s, may catch economists again unaware of the damage inflicted by this policy.
Big GovernmentLegal System
Rulings and regulations that force companies to keep unprofitable businesses operating "for the public good," are really a net loss for the public good.
Labor and WagesLegal System
We should stop asking if workers deserve a “living wage” and start asking if the minimum wage actually helps workers obtain one.
The FedFinancial MarketsMoney and BanksStrategy