Real Money Savings: The True Key To Economic Prosperity

On the contrary, the more aggressive the central bank’s stance in attempting to revive the economy, the worse things are likely to get. The reason is this: easy monetary policy strengthens the exchange of nothing for something thereby weakening the process of real wealth generation — the heart of economic growth. Real wealth building can only occur as a result of expanding production and saving.




David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.