Government Debt Since 1914
Posted July 25, 2024
The United States stopped backing Dollars with Gold in 1968. That change enabled the US Government to borrow on a scale that was enormous compared with
Tag Archives: Fiat Money
Money Creation Since 1914
Posted July 11, 2024
Congress ended the requirement that the Federal Reserve hold Gold to back the Money it created in 1968. Afterward, there were no longer any constraints on
Introducing Creditism 101
Posted May 30, 2024
From today, Macro Watch will begin rolling out a long series of short videos that will explain everything necessary to understand how the economy works
Bank Reserves Are Irrelevant. QE Works!
Posted October 16, 2020
Many people believe that when the Fed creates money through Quantitative Easing, that that money simply gets stuck in the banks as Bank Reserves and