It’s the Money Supply, Stupid
During the 1992 presidential campaign, former President Clinton’s rallying cry was “It’s the Economy, Stupid.” He sang it to perfection …
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Why U.S. Is Now in a Credit Crunch
Since August 2008, the month before Lehman Brothers collapsed, the supply of publicly produced base money has more than tripled, …
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Money, Where’s the Money?
Since September 2007, when the British Government and the Bank of England bungled the Northern Rock affair, one government after …
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Money: West vs. East
A country’s money supply is made up of two distinct components. State money — the monetary liabilities of a central …
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Iran: Down, But Not Out
Since Mahmoud Ahmadinejad first became President of Iran, in August 2005, the country’s economy has gone from bad to worse. …
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Bulgaria: Fifteen Years Later
The first of July marked the anniversary of a momentous day in Bulgarian history. On that day, fifteen years ago, …
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