AND ...YOU reckon only government money causes inflation. AND BANKS DON'T cause inflation? Is this your perverted view? BANKS haven't bid up real estate, stocks and bonds well beyond household affordability or price stability. ONLY government deficits cause inflation! IS THIS YOUR PERVERTED VIEW??????
Michael Hudson: Finances vs Economy, Credit vs Money
Mike Norman Economics: Paying off America's Debt is Simple
The government spends or pays by just changing numbers in bank accounts. Saying we "lack money" is as stupid as saying we can't play a game of basketball because some team might score 150 points.
- Forums
- Political Debate
- Labor to re-introduce Carbon/mining taxes
Labor to re-introduce Carbon/mining taxes, page-178
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online