Inflation

Murray Rothbard wrote, “The rate of interest is the price of ‘time.’” It’s safe to say the world’s central banks have manipulated and mispriced what time is worth.

Jeff Deist calls in to A Neighbor's Choice to comment of the covid stimulus bill, the possibility of inflation, and the positive things we can look forward to during this Christmas season.

Yes, it can happen here. Only a fool thinks otherwise.

Ryan McMaken joins the show to discuss Adam Fergusson's seminal history of Weimar-era hyperinflation in Germany.

Even when an economic bust appears, there may still be enough real savings in the economy to quickly put the economy back on track. This is what brings economic recovery, not artificial "stimulus."

A deflationary policy is just another type of intervention and in this sense it sets in motion a different form of the misallocation of resources.

No, “societal” value is not what you want or think is good, and “we” are not a homogenous entity of observable, aggregated preferences.

No, “societal” value is not what you want or think is good, and “we” are not a homogenous entity of observable, aggregated preferences.

Even when an economic bust appears, there may still be enough real savings in the economy to quickly put the economy back on track. This is what brings economic recovery, not artificial "stimulus."

A free market in money means real freedom to choose what money we use.  This may mean people turn to gold and silver. Or they may turn to crypto. What's important is that it's market-based money.