What Government is Doing to Our Money
Interviewed by host Alan Butler, Jeff Deist discusses the Federal Reserve, the criminal political class, and how the collapse of the U.S.
Interviewed by host Alan Butler, Jeff Deist discusses the Federal Reserve, the criminal political class, and how the collapse of the U.S.
Keynesians use a very narrow definition of inflation, but if we have a better and broader understanding of prices and money, we can see that asset-price inflation is all around us. The Fed is doing nothing to help the situation, and is only helping perpetuate a bubble.
What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide.”
Interviewed by host Alan Butler, Mark Thornton discusses monetary and fiscal policy.
Bruce Bartlett recently lamented that we need more Keynesian medicine to fix the US economy.
In effect, the government’s not taking is alleged to be giving. Its not taxing is alleged to be spending.
If the economy improves, the banking sector will increasingly loan out its reserves and bring inflationary pressure to prices. If the economy does not
improve, the Fed will not be able to unload the low-quality assets on its balance sheet, and thus the inflationary pressures will remain. The so-called
win-win solution to the crisis has become a lose-lose scenario.