2008 vs. 2020 Part Three: Monetary Stimulus
Posted September 21, 2022
The US Monetary Base surged nearly twice as much following the Crisis of 2008 as it did following the economic crisis caused by the Covid
Tag Archives: Savings
Credit Creation, Rate Hikes and Recession Risks
Posted July 31, 2022
After Dollars ceased to be backed by Gold five decades ago, Credit Growth exploded and became the main driver of Economic Growth. Capitalism evolved into Creditism.
Looser Monetary Policy Will Be Required
Posted April 25, 2019
As recently as 1969, US savings were sufficient to fund all US debt. How things have changed. Last year, the US had only enough savings to finance