Hyperinflation
There are two very effective ways to destroy an economy: hyperinflation and central planning.
Inflation
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Interest Rate Tightening Will Cause Even More Economic Destruction
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
Inflation Takings Require Just Compensation: Slash Governments!
Forget Biden's claim that his government is "fighting inflation." His government is creating inflation, and in so doing robbing people of their savings and earnings.
The Economy Needs a Volcker Moment
When Paul Volcker was Fed chairman forty years ago, he did what was necessary to bring down inflation. Unfortunately, the current Fed leadership at best is engaging in Volcker Lite.
Do Price Increases or Money Supply Increases Misallocate Resources?
As prices rise, many people—including economists, who should know better—claim that price increases are inflation. They are not.
Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed
June was the fifteenth month in a row during which price inflation outpaced earnings growth. June's gap is also among the biggest we've seen in decades.
Interest Rate Tightening Will Cause Even More Economic Destruction
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country
The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.
“Transitory” No Longer: Double-Digit Inflation Is Already Here!
Forget the talk from Biden and economists like Paul Krugman. Double-digit inflation is here, and it will be with us for a while.
The Canaries in the Coal Mines Are No Longer Singing
Mortgage companies and realtors are today's canaries. They're in deep trouble, and so are the rest of us.
