Modern central banking claims to make the money supply more elastic to stabilize the economy. The rationale says that left to itself, the market economy is unstable. Yet the evidence suggests the opposite: that modern central banking is the main culprit for boom and bust.
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Friday, October 12th, 2018
AIER’s Business Cycle Conditions Leading Indicators index improved in September, hitting 88 following 83 in August.
Thursday, October 11th, 2018
AIER’s Everyday Price Index was unchanged for the second month in a row in September.
Friday, September 14th, 2018
AIER’s Business Cycle Conditions Leading Indicators index rebounded in the latest month, registering an 83 in August.
