The money supply growth rate fell in August, dropping to a 150-month low. To find a lower growth rate, we need to go back to August 2007, when the rate was 1.59 percent.
When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.
Far from being in the midst of a robust "recovery," the patient — i.e., the US economy — is still incredibly weak, needing constant infusions of medicine to stave off a crisis in its circulation.
Central banks’ economic models predict deeper negative rates are necessary in the event that a significant recession materializes. This would be a disaster.
Libertarian Christians should be aware that they are not compromising their beliefs or somehow acting in a way divorced from Christian history and orthodoxy when they do not join illiberal Christians in their quest for power and control over non-believers.
When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.
