Displaying 31 - 38 of 38

How This Crisis Differs from the 2008–2009 Financial Crisis

Booms and BustsInflationFinancial Markets

In this crisis the money supply has already increased far more than during the last crisis. But it's hard to say when this will produce inflation because we're still in the midst of a demand shock and a collapse in oil prices.
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How All That Extra Stimulus Money Could Lead to Price Inflation

InflationMonetary Policy

More money creation doesn't necessarily mean higher consumer prices. But, if production is falling while consumers use their stimulus checks to buy food and clothing, we could see noticeable price inflation.
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Decades of Productivity Gains Have Made Our Debt Bomb Manageable (For Now)

InflationPricesProduction Theory

Although the money supply has greatly increased, accompanying growth in production has it possible to keep the current system of immense debt increase going for a long time.
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We Don't Know If the COVID-19 Shock Will Be Inflationary or Deflationary


Government restrictions on production are driving prices up as unemployment drives them down. It's impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis's next phase.
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Why Americans Don't Have Any Savings

InflationOther Schools of Thought

Central bankers think too much saving is a problem that must be solved with more money creation. But the real problem is the Keynesian-style fractional reserve banking system.
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The Political Consequences of the Welfare State

Big GovernmentInflationAustrian Economics OverviewInterventionism

Ludwig von Mises begins by recounting the origin and semantics of the term welfare state .
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Language and the Inflation Debates

InflationMedia and CultureAustrian Economics Overview

Ludwig von Mises discusses inflation, labor unions, and issues of the adoption of improper terminology and widespread public misinformation.
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Money, Inflation, and Business Cycles: The Cantillon Effect and the Economy

Book ReviewsInflationMoney and BanksCantillon

02/17/2020Quarterly Journal of Austrian Economics
Professor Arkadiusz Sieroń has written an important new book on the Cantillon effect, indicating that the effect of new money on the economy depends on where it is injected.
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