Stagflation Comes from Exorbitant Money Creation and Unhampered Government Spending
The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.
The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.
It is the business of legal violence to defend persons and their property from violent attack, from molestation or appropriation of their property without their consent.
For the past six months, the regime has repeatedly used whatever bogeyman could be blamed for inflation—so long as the central bank remains blameless. First it was "greed," then it was covid, and now it is "Mr. Putin."
It is interesting that the founder and leader of the market monetarists declared in January 2020 that the world was about to enter a "golden age" of low inflation for the Federal Reserve.
“Law and order” types often have problems understanding proportionality and the fact that arresting people is simply not the solution to every legal infraction.
The EU is a prime example of a tendency toward territorial expansion and political centralization.
One will occasionally hear from a libertarian activist that Disney World is some sort of model for totally private governance. This is a huge exaggeration of the reality.
By what yardstick would we threaten war for the independence of Taiwan but continue to tolerate 60 years of totalitarian repression in Cuba, 90 miles away?
In a recent speech, President Joe Biden blamed inflation on businesses raising prices and told them that they needed to lower their business costs -- but boost wages. You do the math.
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.