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For the mystery of lawlessness is already at work. And the name of the lawless one will be revealed. Not everyone who calls to me saying, ‘Lord, Lord,’ will enter the kingdom of heaven, but only the ones who do the will of my Father. Many will say, ‘Lord, did we not prophesy in your name? Did we not drive out demons in your name? Did we not do mighty deeds in your name?’ Then I will declare to them solemnly, ‘I never knew you. Depart from me, you servants of lawlessness.'
Matthew 7:21-23

Showing posts with label True Money Supply. Show all posts
Showing posts with label True Money Supply. Show all posts
13 March 2012

Monetary Deflation - Not Visible Yet

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As a reminder, in a purely fiat monetary system, inflation and deflation are the result of policy decisions, and not any endogenous factor...
09 February 2011

Updated Money Supply Figures: Dude, Still No Deflation

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For comments see the original post from August 2010, US Money Supply Figures My forecast remains for a severe stagflation with the contin...
23 August 2010

US Money Supply Figures: Dude, Where's My (Monetary) Deflation?

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As a review or refresher please read: Money Supply A Primer if you need to remind yourself what these money supply figures represent. Consi...
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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