Booms and Busts
Displaying 181 - 190 of 1768
Producers, Not Consumers, Are the Engine of Economic Growth
The Keynesian prescription for an economic downturn is for government to increase spending to improve so-called aggregate demand. In reality, this is a recipe for worsening the recession.
Housing Prices Are Falling As Reality Sinks In
Rental prices are falling as the markets adjust to new realities. The Austrian business cycle theory explains why this is happening.
Banks Create Money out of Thin Air. What Could Possibly Go Wrong?
How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.
The Fed Has Rigged the Stock Markets to Crash
The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.
The Bankruptcy Caravan Is Now Arriving: Time to Pay for the Easy Money
As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.
Higher Corporate Profit Margins Aren’t Causing Inflation
The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation.
Is the US Banking Crisis Over? It Has Barely Begun
Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.
Higher Corporate Profit Margins Aren’t Causing Inflation
The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation.
