One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity. While such a scenario is economically impossible, most mainstream economists still believe it.
Money-supply growth accelerated year over year in August by the largest amount in 23 months. The
Kamala Harris claims that she simply wants food prices to be lower. However, her de facto
Murphy lays out the various camps in the debate over Fractional Reserve Banking.