What Is the Right Inflation Target for Central Banks?
The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why.
The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why.
Too many economic commentators claim that monopolies are the cause of inflation. Austrian economic analysis shows that this is impossible.
Greg Kaza reviews Ben Bernanke's new retrospective on the Fed, which contains interesting admissions but still exhibits a "state of denial" about the Fed's role in creating crises.
Some problems with inflation measures, inequality and social mobility, and further implications.
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
Government statistics on inflation in the food sector have failed to account for skimpflation and shrinkflation.
The fiat US dollar is being imperiled by reckless actions by monetary authorities.
Dr. Jonathan Newman joins Tho to discuss the larger costs of Fed policy and how official government measures can be gamed with techniques such as "shrinkflation."
How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.