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Recessions and The True Money Supply

Our composition of the money supply, as I have outlined here, is the only logical and consistent measure for the true money supply in the United States. Having figured out what is and what is not to be...

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Job Market & the True GDP

Reuters writes: U.S. employers axed payrolls by 533,000 jobs in November, the most in 34 years and far more than expected, government data on Friday showed, as the year-old recession hammered every...

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