Based on the monetary insights of the Austrian school of economics, THE CONTRARIAN TAKE offers up the latest monthly money supply metrics for the U.S., Eurozone and Japan currency blocks.
And in fact, the economics of the so-called modern monetary theory (MMT) school who are loudest on the consequences of a fiat money system are advocates of big government programs like a government job guarantee.
Monetary debasement sought by the Monetarist School achieves the same bad outcome for discouraging investors and businesses from committing capital to growth concepts that would increase production, and with it demand.