The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest rate and the market interest rate.
"Economics is about how we behave, which comes from our personal valuation, in and relative to the physical world."
Global elites are relentless in their desire to recreate the world in their own image. As they turn toward food production, expect their bungling to cause huge shortages of food and worse.
The standard Keynesian play is to increase government spending in order to reduce unemployment and increase economic growth. Here's why it consistently fails.
What is money? Thorsten Polleit explains in a brilliant lecture delivered in Prague.
Why do Africans live in poverty even though Africa is rich in natural resources? Statism.
Once again, it is unpopular in the USA to be antiwar.
Argentina is synonymous with hyperinflation, but apparently its voters have not had enough.
Economists often deplore the corruption in developing countries, but when institutions are corrupt, don't expect people to have the incentive to be honest.
