The Government Is Lying About Inflation
Mises Institute Fellow Karl-Friedrich Israel appears on The Peter McCormack Show.
Mises Institute Fellow Karl-Friedrich Israel appears on The Peter McCormack Show.
As the US economy slowly implodes, the government causing the implosion is not done with its economic destruction. The Federal Reserve remains the engine of inflation, while tariffs and other interventions help to finish the job.
In a special midweek episode of the Minor Issues podcast, Mark Thornton appears on Palisades Gold Radio with Stijn Schmitz.
Politicians and central bankers invoke "contagion" to demand more power and money, while their interventions cause the very fragility they decry.
While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will not end well.
Dr. Hülsmann offers his concluding thoughts on his debate with Philipp Bagus regarding the monetary consequences of closing the central bank of Argentina.
It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a false narrative, as increasing the supply of money over time ultimately sparks inflation and triggers business cycles.
While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the numbers.
Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.
The modern debt culture—underwritten by the Federal Reserve’s expansionary policies—is not only harms capital development, but it also encourages short time preferences, which diminishes the structure of production.