Observe that while fulfilling the role of the medium of savings, money is not savings. An increase in money will not result in more savings. An increase in savings requires the increase in the production of consumer goods all other …
Category: Federal Reserve
Comparing the cost of living between 1975 and 2015: You are being lied and fooled when it comes to inflation data and the cost of living.
Inflation is widely misunderstood by the public. Even economists tend to have a hard time coming to a general agreement to the true definition of inflation. When you ask the person on the street what inflation is they usually respond …
Where Keynes Went Wrong – And Why World Governments Keep Creating Inflation, Bubbles, and Busts
When the world financial system failed in 2008, world governments intervened decisively. Guided by Keynesian economics teams with impeccable credentials, they intended not only to “stimulate” the economy, but to “jolt” it back to borrowing and spending as usual. All …
Are Easy-Money Policies an Obstacle to Genuinely Needed Pro-Growth Reforms? – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary – Page full
The problem isn’t just in Europe. Like the ECB, the Federal Reserve also has tried to goose growth with easy-money policies. But that’s like pushing on a string. Maybe there are times that the financial system needs more liquidity, but …
Dodd-Frank Still Stalling Economy – Bruce Bialosky – Page full
If the lender Koevary chooses moves their pricing or another lender becomes more attractive he must obtain a new appraisal for that new lender thus doubling the cost. Koevary told me that the big banks now control a lot of …
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What the Feds and Bernie Madoff Have in Common – Brandon Dutcher – Mises Daily
Through the years, Bernard Madoff, the convicted ponzi schemer who defrauded his investors, “generously” donated millions of dollars to charity — cancer research, hospitals, theaters, schools, and more. At least one of these charitable organizations invested with Mr. Madoff, where …
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ObamaCare Is Costing A Lot More Than You Think
Everybody knows that the new health reform program is expensive. But just how expensive is it? Start with the direct costs. The Congressional Budget Office estimates that spending for all the different parts of ObamaCare (health insurance subsidies, Medicaid expansion, …
