Inflation

That wasn’t a misquote; Trump actually said I love the inflation—do take a moment to let that sink in.

When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.

The US is not the only country with an out-of-control central bank. Brazilians are feeling the pain from decades of irresponsible central bank and government decisions.

Bob sits down with economist Emmanuel Maggiori to discuss his new book that engages MMT on its own terms, drawing on the MMTers' own textbook, papers, and responses to critics.

One must ask the decisive question: if fiat money is genuinely superior, why would coercion be required to impose it upon those who would supposedly benefit from its existence?

As economic uncertainty grows, the authorities turn to their only “solution”: increase sovereign debt and ratchet up inflation.

Although it's true that many government-driven price hikes in recent years aren’t “inflation” in the strict sense, the pain they cause is just as real. Warsh’s push to narrow what the Fed counts as inflation—so it can justify even more inflation—is alarming.

The financial analyst Richard Daughty, whose pen name was Mogambo Guru, passed away four years ago, but while he was alive, he produced spot-on criticisms of the US government and its inflation rocket fuel booster, the Federal Reserve System.

Although it’s true that many government-driven price hikes in recent years aren’t “inflation” in the strict sense, the pain they cause is just as real. Warsh’s push to narrow what the Fed counts as inflation—so it can justify even more inflation—is alarming.

The financial analyst Richard Daughty, whose pen name was Mogambo Guru, passed away four years ago, but while he was alive, he produced spot-on criticisms of the US government and its inflation rocket fuel booster, the Federal Reserve System.