Jesse's Café Américain

Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942

Showing posts with label Austrian Economics. Show all posts
Showing posts with label Austrian Economics. Show all posts
11 July 2010

Austrian Economics: True Money Supply, Deflation and Inflation

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Here is the Austrian theory of money supply and its measures in a nutshell. "The True Money Supply (TMS) was formulated by Murray Rothb...
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