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Is The Fed Trying To Inflate Away US Debt?
“The ease with which the concept is expressed, as if debt were an ice cube left on a driveway on a summer day, betrays the numerous costs associated with such a scheme. And that holds whether the undertaking is intentional or not.” ~ Peter C. Earle
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Interest Rates and Fed Tightening
“While interest rates can sometimes be useful as a policy barometer, the various monetary measures (from the monetary base at narrowest to total nominal expenditures at broadest) matter far more.” ~ Alexander William Salter
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If America Were Totalitarian, Where Would You Want to Live?
“I ask my students, at the end of such discussions, how free is America, really, today? What is the direction toward which we seem to be continuing to head?” ~ Richard M. Ebeling
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