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.
As a metaphor for our troubled economic and financial era -- and the government's stumbling response -- this one's hard to beat. You can't stimulate the economy via the money supply, after all, if you ...
NEW YORK -- Unless you're an avid currency collector, an employee of the Bureau of Engraving and Printing, or work at the Federal Reserve, you likely didn't know that last year a record number of $50 ...
Arthur Hayes believes the U.S. Federal Reserve is preparing to adopt yield curve control, a policy where the central bank fixes interest rates on government bonds by purchasing unlimited amounts of ...