Inflation

Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.

Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation. 

In 1959, Ludwig von Mises gave lectures on economics in Argentina, where the economy was in steep decline. In the 1920s, Argentina was one of the world's wealthiest countries, but decades of Peronism and inflation started the country on the long road to poverty.

Remember when inflation was “transitory”? Or when Paul Krugman claimed inflation was “under control”? The numbers keep telling us a different story.

Ryan and Tho are joined by Peter St. Onge, a visiting fellow of the Heritage Foundation, to discuss the state and trajectory of the American economy. 

In nature everything has a cycle. Birth, growth, maturation, death. Everything, including the planets and stars. Nothing stays the same. 

Fiat inflation leaves a characteristic cultural and spiritual stain on human society. Guido Hülsmann takes a closer look at some aspects of this legacy.

So, take solace chocolate lovers, while higher prices caused by the Federal Reserve are probably here to stay, the market is doing what it can to make sure that everyone has chocolate. 

In 1959, Ludwig von Mises gave lectures on economics in Argentina, where the economy was in steep decline. In the 1920s, Argentina was one of the world's wealthiest countries, but decades of Peronism and inflation started the country on the long road to poverty.

Did Stephanie Kelton correctly predict that government debt would be benign back in May of 2020? Bob and guest Jonathan Newman discuss.