What Is Inflation? Clarifying and Justifying Rothbard’s Definition
Is inflation an increase in the supply of money not offset by an increase in the demand, or an increase of fiduciary media? Hansen and Newman argue for the latter.
Is inflation an increase in the supply of money not offset by an increase in the demand, or an increase of fiduciary media? Hansen and Newman argue for the latter.
Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier.
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
With negative growth now dipping below negative 6 percent, money-supply contraction is approaching the biggest declines we've seen in decades.
Can national treasuries essentially adopt a permanent wartime footing and print far more money without consequence?
With negative growth now dipping below –5 percent, money-supply contraction is approaching the biggest declines we've seen in the past thirty-five years.
Is the dollar now unbound, as the dominant political tool of the dominant nation? Jeff and Bob take a look at how strong the US dollar really is.
The fact the money supply is actually shrinking serves as just one more indicator that the so-called soft landing promised by the Federal Reserve is unlikely to be a reality.
We're now seeing the first time the money supply has actually contracted since the 1990s. The last time the year-over-year change in the money supply slipped into negative territory was in November of 1994.
The US monetary system is out of sorts and out of control. The authors show a path back from the inflation brink to monetary soundness.