This article is dedicated to some of the quotes, especially from key participants and primary sources, about inflation and its consequences during the American Revolution. As usual, war led to inflation, which in turn facilitated war, and both contributed to centralization.
Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.
War, even the American Revolution, is the health of the state because it is almost impossible to avoid fighting a war on state-centric terms.
The CBO‘s forecasting restrictions prevent it from predicting an inflationary debt crisis, despite rising US debt and deficits. This limitation hinders proactive policy-making, risking economic instability.
While we often speak of measurements of inflation (such as "inflation went up by three percent"), in reality, one cannot accurately measure it, given official measurements consist of arbitrary weighted averages. It is better to see inflation as qualitative, not quantitative.
While we often speak of measurements of inflation (such as “inflation went up by three percent”), in reality, one cannot accurately measure it, given official measurements consist of arbitrary weighted averages. It is better to see inflation as qualitative, not quantitative.
Twentieth and twenty-first century monetary history shows us how our government, step-by-step, removed the monetary gold standard and introduced their fiat paper currency dollar to fund their increasing political power.
Twentieth and twenty-first century monetary history shows us how our government, step-by-step, removed the monetary gold standard and introduced their fiat paper currency dollar to fund their increasing political power.
Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.
Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.
