[MtnClimber]

The boom and bust cycles...on average a seven year cycle.

[sauropod]

.

[marktwain]

The easiest and most effective way would be to create artificial "boom and bust" cycles during which economies greatly expand and then quickly shrink. How does this work in practice?

This seems a self evidently false assertion. Boom and bust cycles appear to be an extremely inefficient method of transferring wealth to selected individuals.

Insider trading, inflation, large government contracts, preferential loan deals, all are much more efficient than creating boom and bust cycles.

[C210N]

central banks ostensibly pursue policies that will produce relatively low inflation...

Central Banksters manage money growth and pursue a policy of some value of inflation, as part of the paradigm of currency is it being debt, interest paid to the central banksters to reward them for creating that money supply.

With a PM-backed monetary system, there would not be the inflation that we have now.

[Rappini]

I still think this is all Barry Hussien Soetoro’s plan , the ventriloquist using Biden on his knee.

[Wuli]

There is only one purpose for governmental controls above the nation state and that is to move power further away from the people. That axion is simple enough to undestand when you see that the only purpose of an expanded federal government is to move power further away from the elected reprsentatives in the states.