This fourth post in the series “What Is Printing Money?” shows that monetary expansion does not generate real growth, but only inflation, illusion and state dependence. True wealth does not...
This first post in the “Printing Money” series explains what modern monetary creation really means. It demystifies the image of the state printing press and reveals the mechanisms of expansion of ...
This second post in the “What Is Printing Money?” series debunks the idea that printing money benefits everyone equally. It explains the Cantillon effect, identifies the groups that benefit...
Analytical post that exposes inflation as a hidden tax, functional for the State and destructive for the citizen's purchasing power. Based on Mises, Rothbard and the Cantillon effect, the text demo...