Summary:
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Bill Haskell writes Promoting the General Welfare, The Supreme Court’s Version of Doing So
NewDealdemocrat writes For the second time in three months, the Household jobs Survey was recessionary
Angry Bear writes Medicare Payment Advisory Commission report to Congress Brief
Angry Bear writes Western “Values”
All manufactured credit is currency and not money, it may be used as money but it is not money.
Stop confusing currency used as money and actual money.
Then you have also missed the point. 97% of all currency in the west is from banks new lending, not from government. All the central banks do is create reserves which are not money, yet are counted as money. No wonder Austrian economists are as clueless as they are.
Well, I finished up Frontline’s Age of Easy Money. Em, I think we need to be talking hospice care for the US and prolly the world economy. Usury was called evil for a reason. It is dynamically unstable. Always.