Housing bubble and bust

Liberty Unbound
by Edmund Contoski

The popular definition of ‘inflation’ is a general increase in the level of prices. But what causes the price level to rise? It is an increase in the money supply without a corresponding increase in goods and services; there is more money with which to bid up the prices of available goods and services. Inflation used to mean an increase in the money supply without an increase in physical assets, namely gold or silver. Higher prices are the result. Replacing the traditional meaning of inflation with the popular one, which refers to the effect rather than the cause, has obscured the fact that government is the cause since it controls the money supply. ‘Inflation,’ writes economist Kelley L. Ross, ‘does not occur because of a ‘wage-price spiral,’ an ‘overheated’ economy, excessive economic growth, or through any other natural mechanism of the market. A government debasing the currency would not have fooled anyone a century ago. Now, through deception, a government can try to blame inflation on anything but its own irresponsible actions’... (for publication 07/08)

//tinyurl.com/533ov2


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=housing

World-News

Independent Media Source

User Status

Du bist nicht angemeldet.

Suche

 

Aktuelle Beiträge

Jacob Chansley, Man Known...
https://truthout.org/artic les/jacob-chansley-man-kno wn-as-qanon-shaman-sentenc ed-for-role-in-capitol-att ack/?eType=EmailBlastConte nt&eId=e287e156-fd8a-4fd3- 9374-71f1bc4fd9d1
rudkla - 18. Nov, 05:21
Steve Bannon and the...
https://www.commondreams.o rg/views/2021/11/17/steve- bannon-and-deadly-implicat ions-deconstructing-admini strative-state?utm_term=AO &utm_campaign=Daily%20News letter&utm_content=email&u tm_source=Daily%20Newslett er&utm_medium=Email
rudkla - 18. Nov, 05:19
As Damning New Memo Shakes...
https://truthout.org/artic les/merrick-garland-and-th e-january-6-house-committe e-are-suddenly-very-busy/? eType=EmailBlastContent&eI d=62bb44f7-621a-4a36-8654- a8647a25ac71
rudkla - 16. Nov, 05:06
Bannon Indicted for Contempt...
https://truthout.org/artic les/bannon-indicted-for-co ntempt-of-congress-for-ign oring-january-6-subpoena/? eType=EmailBlastContent&eI d=26cefe4c-9d72-48cb-a444- d16d8f5f866c
rudkla - 14. Nov, 05:40
Trump Said It Was "Common...
https://truthout.org/artic les/trump-said-it-was-comm on-sense-for-his-backers-t o-want-to-hang-pence-on-ja n-6/?eType=EmailBlastConte nt&eId=55037fef-a1cb-4865- 8d16-6369c08e257d
rudkla - 12. Nov, 22:06

Archiv

Juni 2008
Mo
Di
Mi
Do
Fr
Sa
So
 
 
 
 
 
 
 
 
 
 
 
 
 

Status

Online seit 6040 Tagen
Zuletzt aktualisiert: 18. Nov, 05:21

Credits


Afghanistan
Animal Protection - Tierschutz
AUFBRUCH für Bürgerrechte, Freiheit und Gesundheit
Big Brother - NWO
Brasilien-Brasil
Britain
Canada
Care2 Connect
Chemtrails
Civil Rights - Buergerrechte - Politik
Cuts in Social Welfare - Sozialabbau
Cybermobbing
Datenschutzerklärung
Death Penalty - Todesstrafe
Depleted Uranium Poisoning (D.U.)
Disclaimer - Haftungsausschluss
... weitere
Profil
Abmelden
Weblog abonnieren