Frank Shostak

Jan 14, 2025 | gold-eagle.com | Frank Shostak

According to many commentators, a growing economy requires a growing money stock, because economic growth gives rise to a greater demand for money. Failing to add more money, it is maintained, will lead to a decline in the prices of goods and services, which, in turn, will destabilize the economy and lead to an economic recession or depression.

Jan 13, 2025 | mises.org | Frank Shostak

According to many commentators, a growing economy requires a growing money stock, because economic growth gives rise to a greater demand for money. Failing to add more money, it is maintained, will lead to a decline in the prices of goods and services, which, in turn, will destabilize the economy and lead to an economic recession or depression.

Jan 7, 2025 | gold-eagle.com | Frank Shostak

The yearly growth rate of the consumer price index (CPI) stood at 2.7 percent in November, against 2.6 percent in October. In June 2022, the yearly growth rate was 9.1 percent. The price of a good is the amount of money asked per unit of some particular good at which an exchange will obtain. It follows, then, that if the quantity of money increases faster than the quantity of goods, the price of goods will also increase, all other things being equal.

Jan 6, 2025 | mises.org | Frank Shostak

The yearly growth rate of the consumer price index (CPI) stood at 2.7 percent in November, against 2.6 percent in October. In June 2022, the yearly growth rate was 9.1 percent. The price of a good is the amount of money asked per unit of some particular good at which an exchange will obtain. It follows, then, that if the quantity of money increases faster than the quantity of goods, the price of goods will also increase, all other things being equal.

Dec 30, 2024 | mises.org | Frank Shostak

Following in the footsteps of John Maynard Keynes, most economists hold that one cannot have complete trust in a market economy, which is seen as inherently unstable. If left free, the market economy could lead to self-destruction. Hence, there is the need for the government and central bank to manage the economy. Successful management, in the Keynesian framework, is done by influencing overall spending. According to this framework, it is spending that generates income.