No Such Thing As ‘Monetary Policy,’ There’s Just Production

If there’s production there is money. It’s that simple. “Money” is merely an agreement about value among producers that enables the exchange of actual goods, services, and labor. It’s all a reminder that to focus on money or the “policy” surrounding money is to let one’s mind wander. Production is the policy. Money can’t […]

No Such Thing As ‘Monetary Policy,’ There’s Just Production Read More »