Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

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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