Displaying 71 - 80 of 1757
Taxes and SpendingMoney and Banking
Government spending distorts and harms the wealth creation process. And cutting taxes without cutting spending won't lead to real economic growth.
Money and BanksMoney and Banking
Now untethered from everything except the will of central bankers, international exchange rates are especially prone to manipulation worldwide.
Financial MarketsBusiness CyclesMoney and Banking
What causes financial crises, domestic and global, is the underlying, continuing credit expansion.
The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.
The Fed's policies over the past decade have resulted in a rapidly widening wealth and income inequality.
All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.
Global EconomyMoney and BanksMoney and Banking
China’s stealth devaluation is not making the country more competitive, it is making household and corporate debt riskier as the purchasing power of the yuan is diminished.
In its blind search for the "correct" interest-rate policy, the Fed can't succeed in extending the boom indefinitely.
A strong GDP growth rate, in most cases, is likely to be associated with the intensive squandering of the pool of real wealth.
Expansions in credit and investment are only a problem when they result from inflationary monetary policy, and not from real saving.