Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a weighted average of numbers put into an arbitrary formula. It is time to end this statistical charade for good.
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.
As the US economy slowly deteriorates, the government's response is to intervene and to inflate. This does not end well.
The “greedflation” commentators are at it again, claiming that corporate profits are driving inflation. That is a logical impossibility.
For the past 30 years, the US economy has bounced from one asset bubble to another. The recent Tricolor Holdings and First Brands bankruptcies are just another example of an economy being pumped up by the Federal Reserve.
Alex Pollock shows Hayek’s case for currency competition over central-bank monopoly—why real monetary freedom means letting monies compete.
Dr. Joe Salerno argues we shouldn't fear falling prices: productivity-driven deflation raises living standards, while “deflation phobia” props up inflation targeting.
The Dutch Tulip Bulb Mania of the 1630s continues to fascinate, especially given the recent asset bubbles our economy has experienced. What caused this bubble is worth a second look.
As government spending spins out of control, the Federal Reserve continues to inflate, leaving the economy in a permanent state of inflation. Most Americans will find themselves falling further and further behind.
