Which means governments can print or they can spend, but they can’t do both simply because production buys goods, services, and labor, not printed money. Markets are wise.

Money buys nothing, while products always and everywhere buy products. Which means governments that produce nothing can only spend insofar as they have taxable access to private sector production, not ...

Ray Dalio warns that U.S. Treasurys face risks from $37 trillion debt and money printing. The billionaire investor recommends allocating 10-15% of portfolios to gold as a safer hedge.

To understand money supply growth, it is essential to distinguish between reserve creation and deposit creation. Garrett argues that referring to the Fed’s operations as 'money printing' is not merely ...