Is Inflation a Good Thing?
Interviewed by host Alan Butler, Mark Thornton dispels the notion that a little bit of inflation is a good thing.
Interviewed by host Alan Butler, Mark Thornton dispels the notion that a little bit of inflation is a good thing.
The dollar is very susceptible to losing its vaunted reserve currency position.
The financial crisis was the consequence of monetary central planning writ large. To avoid future crises, shutter the Fed.
The aggressive monetary pumping by the Fed runs the risk that real wealth, the key for economic growth, will become stagnant or start declining.
Once credit over-expansion hits, rolling back credit won’t be able to put Humpty-Dumpty together again.
The Fed decides, through a Politburo of planners sitting in Washington, how much liquidity is necessary and what the interest rate should be.
Pro-austerity or anti-austerity? There is a third way, the Austrian way of less spending and lower taxes.
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