Two years ago, the French government lost its precious AAA bond rating from Standard and Poor’s. Last week the agency cut the beleaguered nation’s credit rating again, this time from AA+ to AA. As recently as August, French President Francois
Ever since a minor spreadsheet error was discovered in a 2010 study evidencing the plainly obvious fact that increased debt loads hinder economic growth, pundits from the left have been gleefully jumping over this molehill pretending it’s a mountain. Apparently
The Globe and Mail commented today that the CBC published a consultant’s report showing that the broadcaster “has a $3.7 billion economic impact every year, while a privatized version without the parliamentary grant would produce only $1.1 billion in economic
Originally Published on http://greshams-law.com/ Monday was the 40th anniversary of the irredeemable fiat dollar. Unlike the preceding 39 anniversaries, this one was actually noticed! Here, I present several charts that show the changes to the Fedâ€™s balance sheet since 1971.