The industrial sector of the economy produces the material wealth that makes our environment beautiful, comfortable, tasty, and fun. Some of this wealth is consumed immediately, while the rest can be invested for the future. But those who spend their time producing it don’t necessarily have expertise in where to best invest it. That’s why [...]Read More →
Posts tagged with 'Money and Banking'
A sound monetary and banking system is the foundation of economic growth and industrial progress. Our central bank, the Federal Reserve, claims, by mandate, to maintain “stable prices” and “full employment.” Yet its record is one of chronic monetary instability. Because money is the essential link between all the diverse, coordinated sectors of our economy, this [...]Read More →