Inflation

If prices are instrumental in providing needed information to market participants, then inflation can be seen as introducing static into the system, creating more uncertainty and leading to bad choices.

Jonathan Newman was present as one of the Federal Reserve governors gave a talk and was able to ask questions. It seems there is not much behind the Fed’s technocratic veneer.

Our own Jonathan Newman had the opportunity to sit down with a Federal Reserve governor. The central banker's answers to Newman's questions were evasive and riddled with contradictions. It seems there is not much behind the Fed's technocratic veneer.

There is no shortfall of liquidity in financial markets. In fact, there is so much that inflation has become a way of life for market participants. This is not a good thing.

There is no shortfall of liquidity in financial markets. In fact, there is so much that inflation has become a way of life for market participants. This is not a good thing.

When inflation heats up because central banks hold interest rates to artificially low levels, the standard approach is for central banks to increase interest rates. The better policy is not to artificially manipulate interest rates at all.

How does one act counterculturally and rebel against the systems of dependency? How do young people learn to act wisely without examples? Knowing how to see through the smoke and mirrors of the inflation culture is a necessary skill for a freer and more peaceful tomorrow.

Mainstream economists, not to mention most financial journalists, claim that deflation is as bad or worse than inflation. The Austrians know better. We need deflation and we need it now.

Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.

Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.