Doug Casey’s Take: So Many Questions!

Doug Casey’s Take, Released on 10/16/22

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Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-written the monthly metals-and-mining-focused investment newsletter The International Speculator. He has authored four books, including Crisis Investing, the top-selling investing book of all time, Totally Incorrect, and Right on the Money. His latest novel is Assassin.

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Samuel Samson

Doug: “. . .banks loaning out money increases the amount of money in circulation.”

Sorry Doug but this claim is pure b.s. and a naive’ belief in kindergarten economics. Since about 1914 there is one entity, and only one, which is responsible for the amount of money in circulation. Most people obviously knows who that is and if you don’t please revisit your Econ 101 class.

As smart as this guy is, he continues to buy in to the FRB contradiction – which is amazing considering most who have an opinion on the subject believe it too. Doug being the maverick he is, you’d almost guarantee his position would be the opposite. The FRB trap is one theory that snares in almost everyone. . .but not everybody thank goodness.

In order to free yourself you might read up on the subject:

https://www.aier.org/article/john-tamny-and-the-problem-with-fractional-reserve-banking/

Anonymous

Doug,…..Martin Armstrong lives in Florida!