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.”
Over 60 pro-sound money bills were introduced across 27 states—meaning more than half the nation actively considered legislation to reduce or eliminate sales taxes, capital gains taxes, and other regulatory burdens on precious metals.
