Instead of putting questions about the documentation to government officials, Bloomberg has produced Stephen Mihm and Peter Beter to evoke a fairy tale of the last century.
In summary, then, inflation is never necessary. Rather, it must be maintained at this point in order to avoid a rapid descent into deflation and depression.
Safe-haven demand is back in focus as markets try to digest a mix of slowing growth projections, sticky inflation, and growing confusion over U.S. trade policy.
The government creates huge demand on the available credit supply; then, as nations turn away from the US, the supply of sources of credit funding diminishes.
Let’s do everything we can to support Thomas Massie’s fight for the free market and a non-interventionist foreign policy! As the great Dr. Ron Paul has said, “He happens to believe that you’re supposed to follow your oath of office; it’s no more complicated than that.”
