Economics In The Age Of Paper Money
Posted January 6, 2011
“Irredeemable paper money has almost invariably proved a curse to the country employing it.” So wrote America’s greatest economist, Irving Fisher, in 1911. Sixty years
Category Archives: Economics in the Age of Fiat Money
Economics In The Age Of Paper Money
Posted November 26, 2010
The economic ecosystem, laissez-faire and exogenous shocks. Globalization and the collapse in the cost of labor Three kinds of Inflation Why Interest Rates are zero: