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Some reflections on money, low interest rates, inflation and incentives to invest
11/13/11
09:05:24 am, by editor of MarketObservation.com 
, 263 words 
Categories: Economics United States, Economics Europe, Economics Global
Find following some good reflections on monetary policy, inflation and more (all dated prior to the latest finanical crisis). After the experiences of the latest crisis it seems to be clear that long periods of cheap money do not lead to sustainable economies. .. nevertheless, they can help politicians to win the next elections..
Paper Money and Tyranny, Ron Paul, Sept. 2003
"If honest money and freedom are inseparable, as Mr. Greenspan argued, and paper money leads to tyranny, one must wonder why it’s so popular with economists, the business community, bankers, and our government officials. The simplest explanation is that it’s a human trait to always seek the comforts of wealth with the least amount of effort. This desire is quite positive when it inspires hard work and innovation in a capitalist society. Productivity is improved and the standard of living goes up for everyone. This process has permitted the poorest in today’s capitalist countries to enjoy luxuries never available to the royalty of old." (Ron Paul)
Québécois Libre: How government manipulates money and produces inflation, October 2000
"Inflation is a dishonest and deliberate policy and tool of politicians who do not wish to reduce their spending. The government "creates" new money in order to cover what it spends in excess of its income." (Québécois Libre)
"The link between monetary policy actions and business fixed investment is difficult to discern from empirical data." (Emmons and Schmid)
Keywords: Fiat Money, Inflation, Government Debt
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