Monetary Policy

Displaying 11 - 20 of 47

How All That Extra Stimulus Money Could Lead to Price Inflation

InflationMonetary Policy

Blog05/06/2020

More money creation doesn't necessarily mean higher consumer prices. But, if production is falling while consumers use their stimulus checks to buy food and clothing, we could see noticeable price inflation.

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To Avoid a Collapse of the Eurozone, Europe Moves Closer to a European Megastate

Big GovernmentGlobal EconomyMonetary Policy

Blog05/01/2020

Debt-ridden countries such as Italy will come to rely more and more on Germans and other northern Europeans to finance their debt. This will require a more unified Europe. Or the whole thing may collapse.

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What the COVID-19 Crisis Means for Europe and the Eurozone

Booms and BustsMonetary Policy

Blog04/27/2020

It is fundamentally wrong to put the entire economy at the service of a single goal and to commit to a single solution. Human action always involves weighing up different goals and different means.

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We Can't Just "Restart" the Economy Where We Left Off

Big GovernmentMonetary PolicyCalculation and Knowledge

Blog04/18/2020

If we're serious about maximizing the resources needed to combat COVID-19, we need an economy that is deregulated and flexible.

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This Isn't Your Usual Demand-Shock Recession.

InflationMonetary Policy

Blog04/15/2020

This recession involves a big supply shock, which means that stimulus-fed consumption will bring capital consumption, which will ultimately lower productive capacity and standards of living.

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Central Banks around the World Embrace Unprecedented "Quantitative Easing"

Booms and BustsMonetary PolicyMoney and Banks

Blog04/14/2020

From New York to London to Brussels to Tokyo, central banks in the last two weeks have embraced a wide variety of extraordinary inflationary measures to prop up insolvent banks and governments.

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Japan’s Productivity Has Been Slashed By Government Meddling, Not Demographics

Bureaucracy and RegulationMonetary PolicyWorld History

Blog04/03/2020

The popular narrative is that demographics are driving Japan's declining worker productivity. But the real culprit is government regulations and a lack of entrepreneurship.

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How Easy Money Is Increasing the Devastation of the COVID-19 Panic

Booms and BustsInflationMonetary Policy

Blog04/02/2020

Central banks have created a brittle economy without real savings and without much room to maneuver. Central banks now want more of the same in a bid to fix what they broke.

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The New Euro Stimulus Won't Save the Greek Economy

Monetary PolicyTaxes and SpendingWorld History

The Greeks haven't saved or produced enough to justify their high standard of living compared to other countries of the world. This is a fragile bubble economy made possible by European central bankers.

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With Bailouts, Governments Are the Big Winners

Booms and BustsMonetary PolicyMoney and Banks

Blog03/24/2020

Every crisis caused by the unbacked paper money system expands the power of the states over economic and social life, and unfortunately, once the state has expanded its power, it is unlikely the trend will be reversed.

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