Which means governments can print or they can spend, but they can’t do both simply because production buys goods, services, and labor, not printed money. Markets are wise.
Money buys nothing, while products always and everywhere buy products. Which means governments that produce nothing can only spend insofar as they have taxable access to private sector production, not ...
US economist Larry Jeddeloh says the US and China are locked in an economic war that will fuel inflation, and the Federal Reserve will need to restart quantitative easing. The US central bank is ...
Abraham Lincoln was three years away from being elected president when the half-cent coin was discontinued as an official ...