Which means governments can print or they can spend, but they can’t do both simply because production buys goods, services, and labor, not printed money. Markets are wise.

As a metaphor for our troubled economic and financial era -- and the government's stumbling response -- this one's hard to beat. You can't stimulate the economy via the money supply, after all, if you ...

Arthur Hayes believes the U.S. Federal Reserve is preparing to adopt yield curve control, a policy where the central bank fixes interest rates on government bonds by purchasing unlimited amounts of ...