Negative Interest Rates and Financial Repression-Dr. Mark Thornton

We are repeatedly told that the unprecedented monetary stimulus by the Federal Reserve and other central banks is necessary to stimulate the economy, create jobs, and generate economic growth. The truth is that this scheme is designed to stealthily steal from the productive classes in order to enrich the unproductive financial class and the counterproductive political classes. It is a con game.”

https://mises.org/wire/negative-interest-rates-and-financial-repression

SEE:

Book: Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Dr. Mark Thornton

 

Why You Should Read Mark Thornton’s The Skyscraper Curse—By Richard Duke On Mises Wire

 

Review by Richard Duke on the Mises Institute website of the book: The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Dr. Mark Thornton