Source: Cobden Centre
by Dr. Frank Shostak
“By popular thinking a growing economy requires a growing money stock on the ground that economic growth gives rise to a greater demand for money, which must be accommodated. It is held that failing to do so, will lead to a decline in the prices of goods and services, which in turn will destabilize the economy and lead to an economic recession, or even worse, depression. … Since the growth in money supply is of such an importance, it is not surprising that economists are continuously searching for the optimum growth rate in the money supply.” (08/27/24)
https://www.cobdencentre.org/2024/08/the-present-monetary-system-is-heading-for-a-breakdown/