Booms and Busts

Displaying 11 - 20 of 1385

The Fed Cannot Undo the Damage It Has Already Caused

Booms and BustsCentral BanksBusiness Cycles

Blog04/01/2022

The Fed's unprecedented monetary expansion has created damage that it cannot undo by switching directions.

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Central Banks: Who Needs Them? No One

Booms and BustsCentral BanksThe FedBusiness CyclesMoney and Banking

Blog03/31/2022

Central banks, and especially the Federal Reserve System, continue to churn up inflation and the boom-and-bust cycles—in the name of "stabilizing" the economy.

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Central Banks Have Broken the True Savings-Lending Relationship

Booms and BustsThe FedMonetary PolicyMoney and BanksBusiness CyclesMoney and Banking

Blog03/28/2022

While the usual characters praise central banks for supposedly bringing economic stability, Dr. Shostak explains that their presence makes things unstable because they break the relationship between saving and lending.

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Can Government Successfully Counter Recessions Through Expansionary Policies? Don't Count on It

Booms and BustsCentral BanksKeynesTaxes and SpendingBusiness CyclesInterventionismMoney Supply

Blog03/04/2022

Keynesian orthodoxy claims government can successfully counter recession through "expansionary" policies. To the contrary, these policies increase the danger to the economy.

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Bubble-Bust in Japan

Booms and Busts

Blog02/28/2022

The success of Japan after WWII was due entirely to low taxes, an appreciating currency, and a very high personal savings rate. That all changed when the bubble was born in the late 1980s.

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Inflation or Recession? The Fed Faces a Choice.

Booms and BustsThe Fed

Blog01/03/2022

Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.

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Governments Love Inflation, and They Won't Do Anything to Stop It

Booms and Busts

Blog10/19/2021

In spite of what they say, governments will do nothing about inflation. Even though "money printing" is the real cause of this, governments will just keep blaming red herrings like supply chain problems.

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In Defense of the Speculator

Booms and Busts

Blog09/18/2021

It will come as yesterday's news that the speculator is perennially under attack by the social justice warriors. Yet speculators serve a crucial and valuable role in surviving economic disasters. 

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The Fed Is Helping Facilitate Trailer Park Evictions

Booms and Busts

Blog09/13/2021

The Fed is dumping cash into Fannie and Freddie which is helping investors buy up more trailer parks. 

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Paul Krugman’s Austrian Obsession

Booms and Busts

Blog09/09/2021

Paul Krugman recently used his column to attack Austrian economics—yet again—but his attacks rely mostly on myths, poor reasoning, and misinformation. 

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