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Texas Again: Which Rick Does More Harm?

…just spending taxpayer money. English translation: We took money from the Treasury, and our Accounting looks nice because we don’t count the overpaying for “assets” or the free money on…

Economists = Idiots? Part 1829

…be different for intermediaries (financial institutions) than wealth-creators (businesses). And because “excess reserves” are money issued by the government which is inflationary because of the multiplier effect of money—which, of…