The Fed Loves Friedman! Hayek? Not So Much
It’s rare to see a central banker discuss Austrian economics.
Power & Market
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Countdown to Crisis
If you’re into finance, you may have seen this chart:
Inflation and the Rule of 72
In the world of investing, there is a well-known concept referred to as the Rule of 72.
All Inflation Is Government-Caused
On June 19, 2022, geopolitical analyst Ian Bremmer posted the following on Twitter:
Our No-Win “Kobayashi Maru” Economy
It’s time to reprogram the conditions of the economy to serve the many rather than the few.
Central Banking: The Root of Economic Instability
“An economic foundation that was built on cheap money and debt.”
There’s No Guarantee (Gas) Tax Cut Savings Will Be Passed on To Consumers
On June 22, President Joe Biden called for a tax holiday for the next three months. As of this writing, it still has to be approved by congress.
Why Prices Have Gone Up
Central bank “stimulus” is a nonsensical policy approach which caused prices to surge over the last two years. Look at the charts below:
