Even When There Is Inflation, the Fed STILL Fights Falling Prices
Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.
Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.
Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions.
Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.
The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.
The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax.
The specter of stagflation is with us again despite Keynesians' claims that a new bout of inflation will lower unemployment. What causes it?
Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it.
Since the state is incorrigible and incapable of being reformed, perhaps the best way to deal with government predations is to boycott the elections.
When we speak of entrepreneurship, we need to specify if it is economic or political. The first expands wealth and freedom; the second makes us poorer and less free.