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Steve Keen considers the following as important:
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Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
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.