More Easy Money Will Plunge Us into Stagflation
Thirty major central banks are expected to cut rates in the second half of 2024, a year when more than seventy nations will have elections, which often means massive increases in government spending. Additionally, the latest inflation figures show stubbornly persistent consumer price annualized growth.
The Most Important Price of All
In The Price of Time, Edward Chancellor has given us a colorful and provocative review of the history, theory, and the profound effects of interest rates, the price that links the present and the future, which he argues is “the most important price of all.”
Gaza: What If America Were the Good Guy?
“Genocide Joe” and the foreign agents knowns as the “American Israel Public Affairs Committee (AIPAC), whose Israel-First focus makes them a fifth column; Trump with Jared Kushner and his better-half: These are America’s 2024 election options.
How the “Informal” Economy Creates Free Markets in Bolivia
In today’s discourse on Bolivia, notions of liberalism, free markets, or traditional capitalist ideals don’t ever come to mind in contrast with mainstream discussions of 21st-century socialism, Keynesian policies, and a notable lack of economic freedoms. In fact, Bolivia was ranked 117 in 2021 by the Fraser institute in the Economic Freedom of the World: 2023 Annual Report.
Are American Libertarians Unduly Pessimistic?
The CRE Bust is a Slow-Moving Train
Day-to-day we don’t hear much about the commercial office property crash. As The Fed’s Michael Barr said at an event hosted by the National Community Reinvestment Coalition in Washington, “This is the kind of thing where it’s likely to be a very slow-moving train as the financial sector and commercial real estate market move forward,” he said, adding that refinancing deals will play out in the next few years. “It’ll take some time.”
Butler, Butt Out!
Who’s Afraid of Gender?
by Judith Butler
Farrar, Straus and Giroux, 2024; 308 pp.
FDR and the End of Gold: 2,500 Percent and Counting
The world is full of scraps of paper today.
- Benjamin Anderson, economist, Chase Manhattan Bank (1920 - 1939)
Fixing FDR’s Biggest Blunder: From Gold Standard to Fiat Folly and Back
Today, states across the country are beginning to actively embrace prosound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt. To understand how we got here, it’s important to understand the policy that initiated our monetary decline.