Inflation in the USA: Where Do We Stand Today?
Biden has declared that the USA has "zero inflation" at present. Austrian economists say, "Not so fast."
Biden has declared that the USA has "zero inflation" at present. Austrian economists say, "Not so fast."
The value of the US dollar has risen during the Ukraine war. If peace breaks out, the dollar might be one of its casualties.
For all of the talk about "our democracy," there is a better way to protect the lives and property of people than just electing politicians. It is called sound money.
The "official" definition of a recession is a two-consecutive-quarter decline in GDP, but there are problems with GDP measurement in the first place.
Between its political happy talk in the contrast to reality and its broken promises, whatever credibility the Fed had in the past is long gone
When inflation hits, we see higher overall prices for everyone. But inflation hits lower-income people the hardest, and they bear the brunt of this tax.
Between its political happy talk in the contrast to reality and its broken promises, whatever credibility the Fed had in the past is long gone
When inflation hits, we see higher overall prices for everyone. But inflation hits lower-income people the hardest, and they bear the brunt of this tax.
Now that inflation is the highest it has been in four decades, the monetary authorities are trying one trick after another. Only ending artificially low interest rates will help.
"All of Keynesian thinking is a tissue of distortions, fallacies, and drastically unrealistic assumptions."