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Top #Monetary Sovereignty - Mitchell News
Economy · FairfaxVeronique de Rugy is the George Gibbs Chair in Political Economy and Senior Research Fellow at the Mercatus Center at George Mason University and a nationally syndicated columnist. Her primary research interests include the US economy, the federal budget, taxation, tax competition, and cronyism. She received her MA in economics from the Paris Dauphine University and her PhD in economics from the Panthéon-Sorbonne University. de RUGY
The followin…See the Story
Veronique de Rugy has a PhD in economics. So why doesn’t she understand Monetary Sovereignty?
Inflation · United StatesYou may have heard that inflation is too much money chasing too few goods and services. You’re about to learn that it simply is not true. Question: Does massive federal spending cause inflation? First, let us answer the intermediate question: Can our Monetarily Sovereign federal government massively spend without raising taxes? Alan Greenspan, former Federal Reserve Chairman: “A government cannot become insolvent with respect to obligations in i…See the Story
At long last, let’s put this inflation question to bed
Inflation · Abu DhabiThe Abu Dhabi Investment Authority and Dubai Investment Fund are leading a transformation in which future generations will inherit an economy that is resilient and forward-thinkingSee the Story
How UAE sovereign wealth funds are evolving to shape global finance
100% Right coverage: 1 sources
InflationSome inflation is desirable because: Debt becomes less expensive. You're paying with cheaper dollars. Business income goes up. Businesses hire more workers, consumers spend more, So, the Fed aims for a 2% annual inflation rate, which translates into a 21.9% increase in 10 years and a 3% annual rate increase price by 34.4% in ten…See the Story
Stimulating economic growth without inflation
US Immigration · FloridaFlorida has been working for years to crack down on employers that hire undocumented immigrants. But that presented a problem for businesses in the state that are desperate for workers to fill low-wage and often undesirable jobs.See the Story
Florida debates lifting some child labor laws to fill jobs vacated by undocumented immigrants
47% Left coverage: 75 sources
Elon Musk · United StatesThe Trump/Musk/DOGE troika has done incredible damage to America and it promises to do even worse, all in the name of saving taxpayers’ money. Yet, despite the sound and fury, firings, and lawsuits, no taxpayer has seen even a penny in savings, nor ever will. The reason is that federal taxpayers do not pay for federal spending, so saving the federal government money does not translate into savings for federal taxpayers.
State and local governmen…See the Story