Booms and Busts

Displaying 351 - 360 of 1769
Thorsten Polleit

The public usually doesn't understand how fiat money expansion benefits the regime at their expense. The regime likes it that way. 

Douglas French

With such a messed-up economy, why is it still hard to spot a bust on the horizon?

Joseph Solis-Mullen

We may be told price controls are a temporary necessity, as in 1971 under Nixon. But one thing is certain: price controls will do nothing to resolve the issues underlying the inflation.

Douglas French

The concerns about a bubble implies those shopping for a new home are wondering if they are walking into a trap. Home prices have soared and no one wants to buy at the top. 

Frank Shostak

Because of past easy-money binges, the pool of wealth may be declining just as prices are increasing. And we're likely to see upward pressure on interest rates. This is bad news, and shows the limits of the Fed's power. 

Daniel Lacalle

It's already clear that after an initial sugar high caused by stimulus funds, there's now hardly any "bang for the buck" from stimulus funds. In fact, governments are spending millions for each job "created" by stimulus.

Mark Thornton

Interventionism does not work because it misallocates resources in the economy. More importantly, it disturbs, distorts, and destroys the corrective process whereby market actors reallocate resources back into a sustainable framework.

Robert Blumen

The specific institutional conditions in 1936 Britain caused inflation to work as intended once, and not well. Stimulus policy today completely ignores these origins and has become a universal solvent to heal all economic ills.