War Spending Gives MMTers and the Left a Strong Talking Point
When conservatives applaud unlimited war spending, they not only harm our economy and body politic, but they give the Left a powerful talking point.
When conservatives applaud unlimited war spending, they not only harm our economy and body politic, but they give the Left a powerful talking point.
Many think cancel culture is an odd particularity of the Anglosphere. Unfortunately, it raised its ugly head at this year's Austrian Economics Meeting Europe held in Lithuania.
Jeff and Bob discuss the effect of rising interest rates on Uncle Sam's ability to service debt—and promote the increasingly less radical idea that a default on Treasury debt is both inevitable and good.
Ryan McMaken and Tho Bishop are joined by William Yarwood for a conversation about British politics.
US foreign policy is a morass of lobbying, payouts, decisions, and power plays that violates the standards this country claims to promote.
Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008.
The Federal Reserve is raising interest rates and we know what follows, given there has been more than a decade of malinvestments building up: severe recession.
The Federal Reserve was supposed to prevent recessions that people blamed on the lack of central banking. Not surprisingly, the post-Fed recessions have been worse.
Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles.
Did you feel happy when the government gave you a check paid with printed money? Watch now as your daily groceries, gas and power become unaffordable.