Monthly Archives: July 2016

How Government Printing Money Hurts Main Street

Main Street is hurt when the government prints money – money, beyond its replacement schedule. Imagine you discover and buy a private island that has, unknown to the seller but known to you, an almost limitless supply of gold. Eureka! Little by … Continue reading

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When The Government Pumped Money (Quantitative Easing) Into The Economy, Who Benefited, Wall Street Or Main Street?

The U.S. government, from 2008 to 2014, went on an unprecedented, bond buying spree known as Quantitative Easing (QE) to the tune of $3.5 trillion. Jeff Kearns humorously described the “idea behind QE is that you don’t need a printing … Continue reading

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