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  • central bank/frb paradigm and prices

    a previous mises post states from an article "In an online debate with the Atlantic's economics writer, Megan McArdle, Shell observes with disapproval that, when prices are adjusted for inflation, Americans today spend '40% less on clothes, 20% less on food, more than 50% less on appliances...
    Posted to Economics Questions (Forum) by sthomper on Sun, Oct 11 2009
  • questions about money and credit increases displays a chart that says the currency in circulation increased by about 65 billion dollars from jan 2008 to dec 2008. economagic also shows a chart that says m2 increased by 752 billion dollars during the same period. subtracting 65b in currency from 752b in m2-moneys yields 687...
    Posted to Economics Questions (Forum) by sthomper on Sat, Oct 10 2009
  • Re: Fractional Reserve Banking and my Community Credit Union

    Disclaimer: the following requires that enough people understand money to keep politicians and governments - and money - honest. So it is probably doomed, along with civilization and the human species. In response to the Great Depression, Irving Fisher and a group of prominent US economists devised "The...
    Posted to Economics Questions (Forum) by tveblen on Sat, Jan 24 2009
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