Inflation

While the faux debt ceiling drama rages in Washington, DC, governments worldwide are defaulting on their debt via inflation.

Inflationists will blame inflation on anything and everything except the only thing that makes all prices, which are measured in monetary units, rise at the same: Money supply growth rising faster than real economic output.

The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation.

Deficits mean that the federal government is spending more than it is taking in in taxes.

Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists.

Despite all of the inflation-fighting talk from the Fed, the truth is that the government benefits from inflating the currency. We need to know how to defend ourselves.

Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases.

The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation.

As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.

With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.