Money Pumping Works — Until It Doesn’t
Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.
Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.
Here are two ways to gauge the strength of the world economy.
When the Fed began paying interest on bank reserves, it kept a lid on inflation. But now there's no easy way out.
This is Ron Paul's 1982 book on monetary reform.