US Household Saving Rate Vanishes, Credit Card Debt Soars
The United States economy may have delivered no growth in the first half of 2022 after the decline in the first quarter, narrowly avoiding a technical recession.
The United States economy may have delivered no growth in the first half of 2022 after the decline in the first quarter, narrowly avoiding a technical recession.
The political class is trying to pull the wool over your eyes. Government spending and debt are just as important as taxes.
During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent.
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.
Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes.
The Mauritius government still denies Chagossians independence, continuing colonial policies.
Mises explains why government intervention fails yet continues on.
Were these cannabis-legal states to combine to form their own country, it would be the tenth-largest country in the world.
Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems.