Larry Parks Interviews Hon. David Stockman re his book The Great Deformation: The Corruption of Capitalism in America

Some of the topics touched on include: Was Reagan a fiscal conservative? Did we have free market capitalism, or was that just spin? Was political control of economy really cut back under Reagan-Bush or was that spin? Is the Federal Reserve a symptom of crony capitalism? Fiscal stimulus, monetary central planning, bailouts. . . is […]

The Fed is Causing, not Curing, Deflation, Low Wages, Unemployment and Reducing Demand

Lawrence Parks Contact Information

The Fed believes that Zero interest-rate policy (ZIRP) will boost the economy by increasing credit creation, making it more profitable to build factories, start businesses, with increased demand and employment to follow. ZIRP, a euphemism for facilitating the creation of legal tender irredeemable paper-ticket-electronic make-believe money out of nothing, does bring forward sales of some […]