Money Supply

California Dreamin': How the State Can Beat Its Budget Woes

Ellen Brown | Posted 08.08.2009 | Business


Ellen Brown

The world's eighth largest economy is not going quietly into that pit of debt and devastation that has devoured Third World countries whole.

The Retreat of the Shadow Lenders: Why Deflation, not Inflation, Is the Order of the Day

Ellen Brown | Posted 07.17.2009 | Business


Ellen Brown

The true path to economic recovery is to reclaim money and credit as public resources. Money needs to be transformed from private master to public servant.

Art Laffer Is Wrong on Inflation

Hale "Bonddad" Stewart | Posted 07.12.2009 | Business


Hale

Laffer's contention is not based in any current fact. Instead, it's based in his desire to get Republicans elected.

Economic Indicator Rises, Unexpectedly

AP | VINNEE TONG | Posted 03.22.2009 | Business


NEW YORK — A private sector measure of economic activity jumped unexpectedly in January for a second straight monthly increase, due mainly to fe...

We Must Face the Music with Banks

Alan Schram | Posted 03.12.2009 | Business


Alan Schram

Instead of recapitalizing and subsidizing the foolish and irresponsible banks that got us into this mess, we should let home prices fall to their economic equilibrium.

Inflation Prospects

Alan Schram | Posted 12.15.2008 | Business


Alan Schram

In the last few months, we have seen the prices of commodities dropping precipitously. Oil dropped from $150 to $60, Gold dropped from $1,000 an ounc...

Credit Crunch and the Money Supply

Alan Schram | Posted 11.23.2008 | Business


Alan Schram

Imagine a world in which Uncle Sam is the monopoly supplier of bananas, in the same way that he is now the monopoly supplier of money; eventually people will become anxious about future decisions of the banana board.

The Debt vs. Interest Rate Conundrum

Michael Pento | Posted 11.17.2008 | Business


Michael Pento

It now takes about 10 cents on every tax dollar collected just to pay the interest on the debt. As bad as that is, it's only because interest rates are at record lows that the debt is still manageable.