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gfs543 - 9/5/2021 at 1:22 AM GMT
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 We Don't Need a Central Bank to Deal with Changes in the "Demand for Money"
 - Frank Shostak - 
Frank, this refutes the most destructive economic fallacy in the world today, which is that the money supply must keep pace with economic growth. As you wrote, Contrary to other goods, an increase in the demand for money implies an increase in the demand to employ money to facilitate transactions. This means that an increase in the demand for money by 5% is NOT going to absorb an increase in the supply of money by 5%. [my caps] The increase in the demand by 5% implies that people’s demand for the services of money has increased by 5%. An increase in the supply of money is not going to be taken out of the economy because of the corresponding increase in the demand for money. Consequently, an increase in the supply of money to accommodate a corresponding increase in the demand for money is going to set in motion all the negatives that an increase in the money supply does. Great job! A must-read for everyone on this site! 
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gfs543 - 9/12/2021 at 9:13 PM GMT
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 Then What…  (7)
 - James Howard Kunstler - 
James, does the troll who dings you with a 1-star ever post a comment about why such a low rating? Bad question, I know. 
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Falconflight - 9/16/2021 at 2:17 AM GMT
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 We Are Going To Have A Much Smaller Federal Government
 - Nathan Lewis - New World Economics
We can dream, but we know that tyrannies never give back power voluntarily...well maybe sometimes like the USSR's dissolution. Ironically, we aren't the USSR. 
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