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Category Archives: Economics in the Age of Fiat Money

China Downgraded

“China’s economy will not overtake the US until 2060, if ever” That was the title of an article written by Ruchir Sharma, the chair of

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Creditism In Crisis?

Another set of very bad Inflation numbers was released on Thursday.  The headline CPI index was up 8.2% from one year ago, little changed from the

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The End Of The Fed Put

For a very long time now, every time the stock market has fallen significantly, the Fed has intervened, in one way or the other, to push it back

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