Inflation

Displaying 21 - 30 of 325

Edward Chancellor's Much-Needed (But Not Heeded) Wisdom on Interest Rates

Central BanksInflationU.S. Economy

Blog10/14/2022

The world seems to be on fire, and much of the trouble comes from the efforts of central banks to suppress interest rates. No one understands that problem better than British historian Edward Chancellor.

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Does Bank Lending by Itself Set Off Boom and Bust Cycles?

Central BanksInflationMoney and Banks

Blog10/12/2022

What happens when banks lend money? It depends the lending process itself. If lending comes about because of an expansion of credit, then it creates problems.

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The Turkish Way

InflationPovertyWorld History

Blog10/11/2022

Turkey's economy is reeling under inflation rates likely reaching 170 percent. Not surprisingly, the worst of it is felt by regular people just trying to make a living.

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Inflation, High Inflation, Hyperinflation

InflationMonetary Policy

Blog10/08/2022

Hyperinflation? Yes, it can happen here, and the more officials deny hyperinflation is possible, the more they create the conditions that causes it.

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The Fed's Real Mandate

The FedInflationUnemployment

Blog10/07/2022

The standard line is that the Federal Reserve System has two mandates, keep unemployment low and create price stability. Mark Thornton notes that the real agenda is found elsewhere.

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The Fraudulent Social Contract of Bad Money Regimes

The FedInflationMoney and Banks

Blog10/06/2022

Progressives are fond of telling us that we are under a "social contract" with the government, in effect justifying whatever abuses authorities inflict. Putting up with massive inflation is the latest iteration of this so-called contract.

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It's All about the Benjamins: Why the Dollar Determines US Policies

Central BanksInflationMonetary PolicyWar and Foreign Policy

Blog10/06/2022

The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector.

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How the Policy of Price Stability Generates Greater Economic Instability

Booms and BustsThe FedInflation

Blog09/30/2022

The Fed claims 2 percent inflation promotes "price stability." However, that policy also causes the boom-and-bust cycle, which is anything but stable.

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Central Banks Claim to Preserve the Value of Money through Inflation

Central BanksInflation

Blog09/29/2022

Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.

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History Repeats Itself: Abandoning Sound Money Leads to Tyranny and Ruin

The FedInflationProgressivismGold StandardMonetary Theory

Blog09/28/2022

The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.

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