Ireland: When MMT and Price Controls Collide, Little Remains
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
Tho Bishop and JP Cortez discuss the ongoing legislative battles over money at the state level.
Everything from huge Keynesian "stimulus" policies to the war in Ukraine is dovetailing in a bout of stagflation: the simultaneous growth of inflation and unemployment.
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.