QUESTION: Marty, I was there at your Berlin conference when one of the attendees openly admitted he was from the Bundesbank. He was very open about it. There have been other central bankers at your WEC. I suppose they have to attend just to get a whiff of the trend. Powell has come out and
There is an onslaught of misinformation about the Federal Reserve from everything that it can go bankrupt, and the Treasury will become a second central bank, and of course, the Fed is really the cause of inflation and its balance sheet. The proposal by Janey Yellen to buy in long-term debt and swap it with
Like the Fed, it’s clear that the White House has also cancelled the Quantity Theory of Money and has suicidally turned a blind eye to the money supply.
From Bloomberg Opinion: Let's talk about the Quantity Theory of Money. Tyler Cowen argues it 'does a reasonable job of explaining much of recent economic history.'