Although I’ve devoted many essays here to exploding myths about historical private currencies, there’s one…
Category:
Investing
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(From the entry on “Money,” by Charles Francis Bastable, in the famous 11th edition of…
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Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary…
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Thanks to the Roosevelt Recession, in the spring of 1938 the New Deal’s “Keynesians” finally…