Saturday , 27 April 2024

Economic Overviews

Financial Entertainment On the Breakdown of the USA: “The Mayans R Us”!

The Mayans R us. One year, they were cavorting bloodthirstily atop their garish painted pyramids and a generation later the jungle was stealing back over the temple steps and the population was a tenth of its former size. The same thing is going to happen to us, except there will be a hell of a lot more worthless, toxic debris left on the landscape. We enter 2015 with greater tensions than ever before and therefore the likelihood is that the inevitable breakdown will release more destructive energy and be that much harder to recover from.

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True or False: The Fed Can Control the Money Supply & Interest Rates?

Most economists (primarily Keynesians and monetarists) believe that authorities can control the money supply and interest rates, and most neo-Austrians believe that the Fed is all-powerful when it comes to inflating - that whatever inflation rate it wants, it simply manufactures. Is that true or false? Read on for the answer.

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