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worthwhile.typepad.com | ||
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professorwerner.org
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| | | | | [AI summary] The text presents a critical analysis of central banks and their role in economic policy, arguing that they have concentrated power, lacked accountability, and contributed to economic instability through excessive independence and unchecked policies. It highlights historical comparisons, such as the Reichsbank's failures, and criticizes the European Central Bank's (ECB) model as being similar to the Reichsbank. The author warns of the central banks' potential to create asset bubbles, financial crises, and use these events to justify structural reforms and centralized control. The text also discusses the push towards digital currencies and centralized monetary systems, suggesting a move toward Orwellian control. The conclusion calls for resistanc... | |
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andolfatto.blogspot.com
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| | | | | There are a lot of moving parts to the MMT program. I want to focus on one of these parts today: the relation between monetary and fiscal... | |
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noahpinionblog.blogspot.com
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| | | | | Over the last three years, a quiet rebellion seems to have sprung up in macroeconomic circles. So far, it's limited to a few whispers, a c... | |
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andolfatto.blogspot.com
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| | | The U.S. federal budget deficit for 2018 came in just shy of $800 billion, or about 4% of the gross domestic product (the primary deficit, ... | ||
