Money Supply and Rising Interest Rates

Source: Cobden Centre
by Alasdair Macleod

“The establishment, including the state, central banks and most investors are thoroughly Keynesian, the latter category having profited greatly in recent decades from their slavish following of the common meme. That is about to change. The world of continual Keynesian stimulus is coming to its inevitable end with prices rising beyond the authorities’ control. Being blinded by neo-Keynesian beliefs, no one is prepared for it. This article explains why interest rates are set to rise substantially in this new year.” (01/12/22)