Tag Archives: savers

What the Fed is doing to our money

There is no justification in history for the existing position of a government monopoly of issuing money. It has never been proposed on the ground that government will give us better money than anybody else could. It has always, since … Continue reading

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How Keynesian Economists Understand the Wealth Creation Process

The followers of economist John Maynard Keynes teach that national prosperity comes from spending: consumer spending and government spending (plus business spending on investment, and net exports). Saving, in their view, reduces the Gross National Product, because it reduces consumption … Continue reading

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