We live in a most special world where the sheer magnitude of absurdity in economic theories seems to have no bounds. In recent news, Investopedia , minutes, Investopedia elaborates: Policymakers at the Fed are concerned wage growth isn’t slowing fast enough for inflation to fall to the 2% annual rate that the
trillion), the balance sheet grew by approximately $4.42 trillion, representing a growth of nearly 30%. While this may appear significant, it is still far from 80%. On of an unsustainable monetary system that has long since drifted away from sound economics. A few days ago, Frank Shostak reminded us: Because the present monetary supply growth rate Whether the central bank injects money in accordance with economic activity or fixes the money supply growth rate, it continuously destabilizes
work, so that prices come down again. This backwards logic was confirmed by Oxford Economics Chief US Economist, Ryan Sweet: While the Fed welcomes any signs of easing wage pressures, the pace of growth in average hourly earnings is still too strong to help lower inflation. And overcome by out of control inflation, expect higher unemployment and less wage growth soon enough; then they’ll comfort us by saying it was all part of the plan.
a mystery, it is evident their narrative revolves around the quest for an ideal economic state or finding a “Goldilocks Zone” of economic data. Only when the data and even encompasses the idea that (price) inflation equates to economicgrowth. Yet, the Fed shows no sign of reservation, going so far as saying : Over the
increasingly popular A.I. tools, it wouldn’t be the worst wager that the growth, development, and eventual ubiquitousness of A.I. is all but inevitable. It Nonetheless, in a freer world without a Federal Reserve system responsible for the economic booms and busts, there would be fewer impoverished communities and much less
world elite submit in Davos wrapping up earlier this month, members of the World Economic Forum (WEF), who publicly celebrate their infiltration of governments across a recession by now, but maybe not? Further details are provided: expect growth to drop to 1.9% this year from 3% in 2022 because of intersecting crises such
with you. Timing couldn’t have been better. The month of October is “National Economic Education Month,” meaning the Fed will likely have lots more videos to come. workforce education and training programs, and support for small business growth. Social media has become a hallmark of society, with the youth being its most
McMaken wrote an article on the money supply and its recent move into negative growth. He noted that it is “not in itself an especially meaningful metric;” however, how low the yield curve goes, for example, is a good one to watch. In addition to economic data we must follow the headlines, like this one from CNBC , just at year
over the course of 2022, causing housing starts and sales to fall and house price growth to plummet. Despite the ongoing increase in interest rates alongside an ever from one of the Fed’s favorite inflation measures. For this, the Bureau of Economic Analysis ( BEA ) explains: The core index makes it easier to see the
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.