..many governmental actions -- including several pursued by Franklin Roosevelt during the Great Depression -- can make things worse. I wish I could be confident that the array of U.S. policies already in place and those likely forthcoming will be helpful. But I think it more likely that the economy will eventually recover despite these policies, rather than because of them.Wisdom from Robert Barro at the Wall Street Journnal. Read the full article.
Money Developments (5c) Compulsory Change
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The nature of money and banking would change dramatically if the government
made it compulsory for people and businesses to use the CBDC for all
transact...
4 days ago
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