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What Is the Optimal Growth Rate for the Money Supply? |
Frank Shostak |
The mainstream economic belief is that a growing economy needs a growing money supply to ensure “price stability.” Austrian economists, however, believe that there is no “optimum” money supply, which means government should not engage in monetary expansion. |
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1995: When I Testified Before the Train Wreck Known as Congress |
James Bovard |
Elon Musk has found out the hard way that one can ferret out hundreds of billions of dollars that government wastes, but fail in getting members of Congress to stop wasteful spending. Jim Bovard learned that hard lesson 30 years ago. |
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