Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

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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