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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label money supply metrics. Show all posts
Showing posts with label money supply metrics. Show all posts
Sunday, November 03, 2019

Despite the BSP’s RRR and Policy Rate Cuts: September Savings Deposits Deflates Anew, Cash in Circulation Growth Stumbles, Bank Loan Growth Stagnates

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Observe that   government cannot increase its spending without reducing the means of wealth generators — those who save. Once the ability...
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