The Origins Of The Dollar's Value

We are seemingly caught here in a circular trap, for the purchasing power of money is explained by the demand for money while the demand for money is explained by its purchasing power.

  • Aug 9, 2020 2:20 PM

Bank Run In Northeast China Part Of A Growing Trend

The regime’s general practice of maintaining so-called social stability is always to label them rumors by claiming the bank is financially well-managed, which is followed by a series of arrests by the police... for spreading rumors

  • Aug 9, 2020 9:20 AM

Modern Monetary Theory Is Playing With Fire

If the country embraced MMT, there would be massive concerns with cronyism as politicians would be unleashed to give virtually as much money to their friends as possible. There will be a populist tug of war over the printing press..

  • Aug 8, 2020 7:00 PM

The Fed Is Determined To Prove The QTM Right

The real pandemic we should be scared of in 2020 isn’t COVID-19, it’s the immense pile of un-payable loans of all types, commercial or otherwise. With the rise of MMT now we’re just openly admitting the debts aren’t payable...

  • Aug 4, 2020 3:12 PM