http://libertyisnow.blogspot.com/2010/04/is-deflation-better.html Subscribe by Email Is Deflation Better? by Alex Merced I constantly speak about the dangers of inflation (increase in the money supply), and inflationary pressures of a growing government. Inflation destroys our purchasing power, causes...
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AlexMerced
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Alex Merced
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Wed, Apr 7 2010
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Filed under: Money, Prices, Economics, Price levels, Money Supply, Arbritage, Investment, Taxation, Risk, Banking, Treasuries, Inflation
If a bank uses reserve money to base its credit expansion on, and they daily borrow/loan reserves to other banks to make their reserve requirements, then the argument that they have increased reserves now due to Fed bank balance sheet increase and they are not loaning these reserves out is nonsense....
Speaking at the Asia-Europe summit Chinese Premier Wen Jiabao recently said , “The biggest responsibility is to stabilise the financial order as soon as possible. We need to use all available tools to prevent the crisis from harming real economies.” The Premier's comment is hardly in...
It was Albert Einstein who stated that the definition of insanity is "doing the same thing over and over again and expecting different results." After the FED's cutting of interest rates by three-quarters of a point today , those of us wary toward centralized banking and the socialization...