Tag Archives: CBO

QE for you and me

  Donald Trump is many things–racist, reality TV star, torture advocate,¬†strong leader¬†with fascist tendencies. However, Trump is also a truth-teller, in that he has repeatedly challenged conventional wisdom, as articulated by the American political and media elite. He’s kind of … Continue reading

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Out of Thin Air

The US has a fiat currency, where money is created out of thin air with a stroke of the keyboard. For political reasons, we allow banks to enjoy the advantage of money creation rather than having the US Treasury issue … Continue reading

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