Search Results for: money printing
The Fed Is Holding the Free Market Hostage
The Federal Reserve is about to do something stupendously insane. It’s about to put a gun to the free market’s head.
The Corona Economy: Will America Survive It?
Mark Ford talks about the Corona Crash and how the U.S. federal government is handling it.
Bring Back the Gold Standard… or Else
History tells a tantalizing tale. Pay attention… and you just may make a buck or two. Ignore the past… and, well, keep reading.
Modern Monetary Theory Is Just Plain Stupid
The suddenly simple answer to funding the Green New Deal, Medicare-for-all, free college, and two Teslas in every garage, making the rounds as Modern Monetary Theory (MMT), is a joke.
Only no one should be laughing.
MMT is not only dangerous for reasons that no one’s bothering to bring up, but also it’s just plain stupid.
“I’m From the Federal Reserve and I’m Here to Help”
Most Americans would probably agree, if the Federal Reserve hadn’t come to the rescue in the 2008 financial crisis, the United States (and the world) would have sunk into another Great Depression.
However, most Americans don’t realize that the Fed caused the financial crisis of 2008 by keeping interest rates artificially too low for too long, fostering “irrational exuberance” and insanely leveraged mortgage bubbles.
How do you know I’m telling you the truth?
Ask yourself two questions:
- What caused the financial crisis?
- Where was ground zero?
If you don’t immediately and automatically, instinctively and historically know the answers to both questions, I’m afraid you don’t know what you don’t know.