From Balanced Trade To Globalization
Posted June 13, 2024
When Money ceased to be backed by Gold five decades ago, our economic system began to function very differently than it had up until then.
Tag Archives: Trade Deficit
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.