What do low interest rates have to do with causing the government to inflate the money supply? The link between Fed-manipulated interest rates and the money supply is a direct, causal one. The interest rate in question is the ‘Fed Funds rate’. This is the...
Money & Banking
Money cannot function as money, i.e., as a medium of exchange, unless it is backed by actual, unconsumed goods. – AYN RAND
Government Cheating in the Consumer Price Index (CPI)?
The government is using people’s efforts to minimize the harm they suffer from rising prices to conceal the existence of those rising prices.
Only A Gold Dollar Will End Deficits
The United States government has had a budget deficit in almost every year since 1933. Repeated pledges to end the deficits have come to nothing. The latest pledge, President Clinton’s plan to eliminate the deficit by the year 2002, is only one more such empty...
Free Market Money – Instead of Political Manipulation
Money must be separated from the State.
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