Monthly Archives: August 2016

Throughout the 19th and 20th Centuries, the world had far more investment opportunities than we had capital available to invest. With the population growing, there was always demand to borrow money to build more homes, offices, and stores. And with … Continue reading →

One of the big questions about the economy right now is whether monetary policy is a significant factor in the sluggish growth of the last five years. Lots of economists think that easy money was important for speeding the recovery … Continue reading →