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US GDP First Quarter 2009
The good news and the bad news
May 4, 2009
Fred Foldvary, Ph.D.
Economist
The Slowdown Slows Down
The steep dive of the recession is beginning to level out, which means the economy will begin to recover soon
April 30, 2009
Fred Foldvary, Ph.D.
Economist
The Depression of 2008-2009
The large decline in output, following three years of decelerating growth, has put the U.S. economy in a depression.
February 2, 2009
Fred Foldvary, Ph.D.
Economist
Creation and Confiscation of Currency
On November 14, 2007. FBI agents took two tons of Ron Paul medallions along with gold, silver, and the company’s records
December 1, 2008
Fred Foldvary, Ph.D.
Economist
The Subprime Mortgage Freeze
Politicians only address symptoms when it's the system we need to fix
December 1, 2008
Fred Foldvary, Ph.D.
Economist
The Great Inflation of 2009
The late deflation of 2008 will turn into the great inflation of 2009
November 20, 2008
Fred Foldvary, Ph.D.
Economist
How to Extirpate Poverty
We can raise wages and reduce rent by avoiding the under-use of land, moving the workers back to more productive land
November 15, 2008
Fred Foldvary, Ph.D.
Economist
Free Banking Explained
Free banking provides a stable and flexible supply of money, and allows the natural rate of interest to do its job of keeping out economy stable
November 1, 2008
Fred Foldvary, Ph.D.
Economist
Gold, Interest, and Land
Creating money not based on gold, manipulation and inflation rather than the natural interest rate, and land-value subsidies, all skew and distort prices and profits.
October 1, 2008
Fred Foldvary, Ph.D.
Economist
How to Solve the Credit Crisis
As long as we punish labor with taxes and restrictions, and reward land speculators with subsidies, we will always have periodic economic booms and crashes
October 1, 2008
Fred Foldvary, Ph.D.
Economist
Money to the People!
Any plan that bails out banks and mortgages is going to leave out those who have been dutifully paying their mortgage payments, or fully own their homes
September 1, 2008
Fred Foldvary, Ph.D.
Economist
Will T-bills become Risky?
What can happen when we borrow trillions to pay interest
August 1, 2008
Fred Foldvary, Ph.D.
Economist
The GDP Illusion
The government's propping-up of the economy with borrowed money will cost us all later, as it increases the federal debt and delays the economic adjustments needed for the recovery
August 1, 2008
Fred Foldvary, Ph.D.
Economist
Why Does Government Promote Home Ownership?
The real reason for favors to mortgage holders
July 1, 2008
Fred Foldvary, Ph.D.
Economist
Chicago, Vienna, and San Francisco
Comparing economic approaches by three major cities
July 1, 2008
Fred Foldvary, Ph.D.
Economist
By buying mortgages, the state subsidizes speculators
Somehow, Fannie Mae and Freddie Mac did not understand the real estate cycle and that their own institutions would make the recession that much more severe
July 1, 2008
Fred Foldvary, Ph.D.
Economist
GDP First Quarter 2008
How long can military spending and stocking inventory keep us afloat?
May 1, 2008
Fred Foldvary, Ph.D.
Economist
Regulation of the Financial Industry
Do lenders need more cops or less temptation?
April 1, 2008
Fred Foldvary, Ph.D.
Economist
Who benefits from bailouts?
As in previous real estate booms, house builders overbuilt in the hot markets. Why don’t they learn? Because they expect a bailout.
April 1, 2008
Fred Foldvary, Ph.D.
Economist
Germany Fiscally Invades Liechtenstein
If the European Union cracks down on Liechtenstein, violating its sovereignty, German and other European taxpayers will shift their accounts to other tax havens.
March 1, 2008
Fred Foldvary, Ph.D.
Economist
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