By: Brandon L
The fact the US dollar has rallied less – less – less since 2008 when it rallied up towards of 25% should indicate a currency in falling in demand when risk-aversion trades fail to spark greater...
View ArticleBy: Brandon L
John Maynard Keynes described the situation in The Economic Consequences of the Peace: “The inflationism of the currency systems of Europe has proceeded to extraordinary lengths. The various...
View ArticleBy: Brandon L
Then with a recent quote a from Obama. “We’ve been obsessing over the last couple of weeks about raising the debt ceiling and reducing the debt and deficit,” Obama said. “I’ll tell you what the...
View ArticleBy: Keith Newman
The other hyperinflation story thrown around is Zimbabwe of a few years ago. There the economy experienced serious supply problems but government and private spending continued apace resulting in...
View ArticleBy: Andrew Jackson
Great post and the key point is well taken. To my mind the more serious challenge to any pro growth monetary and fiscal policy alternantive to the status quo is explaining and finding a solution to the...
View ArticleBy: William
It seems we are flogging a dead horse to run faster. Ought we better off using our time and resources to get off said horse? I am not being trite. We debate MMT, Hayek & Keynes ad nauseam along...
View ArticleBy: Mike
” the more serious challenge to any pro growth monetary and fiscal policy alternantive to the status quo is explaining and finding a solution to the inflation side of the 1970s stagflation episode...
View ArticleBy: Ralph Musgrave
You claim the “left has to have an answer to the potential inflationary consequences of operating at capacity/full employment”. Why is there any more of an obligation for the left to do this than there...
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