The “New Economists” and the Great Depression of the 1970s
The 1970s were the turning point in the wrong direction. Under Keynesian guidance, gold was abandoned, prices increased, and the dollar rapidly depreciated.
The Fed
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Sound Economics in a Confused World
If you’re in trouble, you stop spending on frivolous stuff and you save. It applies on a personal level; it applies on a national level. But the fiat world just flips all of this on its head.
Inflation or Recession? The Fed Faces a Choice.
Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.
Inflation or Recession? The Fed Faces a Choice.
Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.
End the Fed! How Ron Paul Made Monetary Policy an Issue
"When there's an issue and there's a problem to solve, we solve it through markets. We solve it through liberty."
“Deficit Financing” and Inflation
"The worst failures of money, the worst things done to money, were not done by criminals but by governments."
Critiquing an MMT TED Talk
Bob provides a running refutation of Stephanie Kelton's recent TED talk on Modern Monetary Theory (MMT).
Why the Fed Is So Desperate to Hide Price Inflation
The Fed is backed into a corner. If price inflation continues, the public could demand action and the Fed could be forced to cut back the flow of easy money, which may lead to a depression.
The Terrible Economic Ignorance behind Covid Tradeoffs: My Speech to the Ron Paul Institute
Millions of Americans have no conception of economics, and simply don’t believe tradeoffs exist.
As the Fed Powell Continues to Flail, Could an MMT Fed Chair Be Next?
Could progressive pressure, mixed with escalating economic pressure, push White House decision-makers to replace Jay Powell with an advocate of MMT?
