There is No Tradeoff Between Inflation and Unemployment
Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.
The Fed
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Why Central Bank Stimulus Cannot Bring Economic Recovery
Merely increasing demand does not increase production or produce wealth.
The New Skyscraper Curse
The skyscraper curse continues to haunt us. Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues toward its inevitable correction.
Speaking Truth to Monetary Power
Until Ron Paul raised the issue at the national level, the Federal Reserve had been treated with lazy indifference.
How Central Banks Are Waging War on Your Savings
Easy money policy hurts most people, particularly workers and savers, and redistributes their wealth to the ruling elites.
Echoes of 1937 in the Current Economic Cycle
The history of the last great US monetary experiment in “quantitative easing” from 1934 to 1937 suggests that things could end badly.
How Fractional Reserves and Inflation Cause Economic Inequality
Inequality and income inequality are natural phenomena because people are different. Coerced inequality is another matter.
The Consequences of Cheap Money
Mark Thornton discusses Martin Wolf's recent claim that "cautious savers no longer serve a useful economic purpose".
How Inflation Picks Your Pocket
Control over money is the state’s back-door key to the storehouse of society.
