Interest Rate Tightening Will Cause Even More Economic Destruction
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
Monetary Policy
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Consumers, Workers, and Monopolies: Free Markets Serve All
The ruling class is claiming that free markets are nothing more than a "trickle-down" scheme. But a free market system really does serve society best.
Powell Is the New Arthur Burns, Not the New Paul Volcker
With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation.
The Fed’s Tightening Will Only Drag Out the Economic Slump
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
How the BOJ Created “Noninflationary” Money While Ruining the Japanese Economy
The relative lack of inflation in Japan doesn't mean real wages haven't fallen.
Rising Interest Rates May Blow Up the Federal Budget
Congress enjoys exorbitant political privilege in the form of cheap deficit spending—but it may soon come to an end.
Why the US Should Default
Jeff and Bob discuss the effect of rising interest rates on Uncle Sam's ability to service debt—and promote the increasingly less radical idea that a default on Treasury debt is both inevitable and good.
Rising Interest Rates Are Revealing the True Damage Done by the Fed
Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.
Even after Admitting She Underestimated Inflation, Janet Yellen Still Doesn’t Understand What It Is
Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.
No, It’s Not “Greed” or “Price Gouging” That’s Driving up Gas Prices
By late 2021, fueled by trillions in newly printed money, gasoline prices had surged to ten-year highs. Now, even in inflation-adjusted terms, gasoline prices are surging to new highs.
