Taking Back the Meaning of “Inflation”
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
The FHLB is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat.
Deflation is the hallmark of sound and dynamic economic growth.
When it comes to the debt ceiling, political parties are irrelevant, and the recent debt ceiling drama, was little more than a sham.
With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident.
President Biden announced recently to much fanfare that his administration will transform the US economy through central planning. This does not end well.
One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.
It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.
Ideologues seldom give way to the facts.
On this week's episode, Mark summarizes some problems with taxpayer-subsidized EVs.