Inflation Does Not Produce Economic Growth
If price inflation near 2 percent is good for the economy, why not aim at a higher rate of inflation and make the economy much healthier?
If price inflation near 2 percent is good for the economy, why not aim at a higher rate of inflation and make the economy much healthier?
As central banks in rich countries flood their economies with fiat money, the excess funds are often used to invest in emerging markets.
Most economic commentators blame weakening economic data on recent bad weather in the US. Many assume it will improve once consumers can go out and spend again. But it’s more likely weakening trends are in response to the emerging economic bust brought about by a decline in the growth momentum of the money supply.
There is a perfect storm developing then in the European banking sector.
Central banks in both Turkey and Argentina have tightened their monetary policies setting in motion an economic bust.
The Wall Street Journal has evaluated the Greenspan and Bernanke era and awarded it a well-deserved “F.”
Paul Krugman, relying on the claims of anonymous bloggers, asserts that Mises couldn’t explain the origins of the Great Depression.
The prospects for an unwinding of the Fed’s bloated balance sheet without even more damage to the economy and a return to a more reasonable rules-based monetary policy, are significantly diminished under a Yellen-led Fed. It is time, not to restore a rules-based policy, but to denationalize money.
The transfer of bad debts to the balance sheets of governments and central banks cannot undo the destruction of wealth.
Is there a real connection between skyscraper records and economic crisis, or is it coincidence?