Inflation

The boom-and-bust cycle isn’t limited just to so-called advanced economies. It also has become a way of life in the economies of tropical countries and other emerging economies.

In his recent address at the Davos Conference, Argentina’s president Javier Milei told those attending why Argentina has had one inflationary crisis after another. Milei says that Austrian economics can end the nightmare.

Recently, the United States military captured Venezuelan President Nicolas Maduro.

President Trump’s recent remarks that he wants to keep housing prices artificially high to protect the “wealth” built into people’s homes ignores the economic dislocation that occurs because these policies require inflating the money supply.

Consumer confidence is low while Jerome Powell claims he doesn’t care much about the price of precious metals.

Critics of the Austrian Business Cycle Theory claim that capital investors over time will no longer be fooled by artificially-low interest rates triggered by central banks. However, when central banks push easy money policies, the inflation itself sets the ABCT pattern in motion.

The Trump administration (like the Biden White House before it) insists that it has inflation under control, pointing to the CPI. However, other informal measures show inflation to be much higher than the CPI claims.

Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.

Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes.

Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.