Sound money and low taxes -- the elements of supply-side economics -- are what cures recessions and produces economic growth.
Posts tagged as “Federal Reserve System”
Today: We have tried that before; How can the Fed be so clueless?; Deficit is probably worse than thought; Blue pill or red pill?
Another round of expansionist monetary policy in the form of quantitative easing 3 could be on the way.
Today: Wichita city council this week; how attitudes can differ; private property and the price system; toward a free market in education; are lottery tickets like a state-owned casino?; money, banking and the Federal Reserve; Wichita-area legislators to meet public; Pompeo to meet with public; losing the brains race; Teachers unions explained.
Sound money and income tax cuts -- the elements of supply-side economics -- have produced economic growth in America, according to Dr. Brian Domitrovic of Sam Houston State University. When our country imposes inflationary loose money policies and high income taxes, economic growth suffers, as in the period from 1973 to 1982. Unfortunately, these are the policies of President Barack Obama and his administration.
Tomorrow night at Friends University Dr. Brian Domitrovic of Sam Houston State University will speak on some of the key people and principles in his book Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity.
Events over the last year have placed our nation's monetary system in focus. Or, at least it should be in sharp focus, as U.S. monetary policy and the Federal Reserve System bear much responsibility for the financial crisis and the accompanying recession. Few politicians, Ron Paul being one, are looking in the right places for the cause of the problem. His campaign to audit the Fed is a good first step.
The secretive FR [Federal Reserve] is a monetary oligarchy and an unelected monopoly that has control of credit, interest, volume and value of our currency. Until the people regain control of their money, bankers and not the government, will control the situation and our property," says Al Terwelp, Vice Chair of the Libertarian Party of Kansas. "We must have the ability to search for the truth in FR practices and once it is found only then can we exercise justice for all. Without openness, our Republic’s existence is in jeopardy, for every dollar, every citizen, every issue of monetary, social and foreign policy is connected to the hegemony that is the Federal Reserve.