Inflation

The latest Keynesian money-printing and spending schemes are blowing up. It is time to hear what the Austrians have to say.

Nickel is a base metal the government used to replace silver. Since then, the government has inflated so much that even nickel is too valuable for US coinage.

Janet Yellen, who once was the nation's chief inflationist, now says that poor women need easy access to abortion because inflation might work a hardship on them.

France is seeing its wealth-to-income levels rise to Japan's level because it is becoming harder for people to save and build wealth.

Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.

While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy.

Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy.

Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates. Unfortunately, such moves carry their own forms of misallocation of resources and capital.

Ryan McMaken and Tho Bishop discuss recent inflation news, broader chaos in financial markets, and another round of funding for Ukraine.

Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.