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Economic PolicyInflationMonetary PolicyWorld History
Inflation in Turkey today is officially running close to 70 percent, but the Turkish economy seems to be booming. Inflationary booms, however, cannot be sustained.
The FedInflationMonetary PolicyU.S. Economy
While the White House claims that inflation is losing steam, the truth is that unless the government changes its reckless monetary course, hyperinflation could be in our economic future.
Big GovernmentMonetary PolicyProgressivismU.S. Economy
While the ruling elites and the Federal Reserve try to sell digital money as “modern” and “convenient,” it poses threats to financial privacy and civil liberties.
The FedMonetary PolicyMonetary Theory
Monetary authorities and monetary economists try to define money without understanding what money really is: a medium of exchange.
The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror.
Economic PolicyGlobal EconomyInflationMonetary PolicySocialism
Javier Milei has promised to make the US dollar Argentina's currency if he is elected. Whether it will help the Argentine economy is another matter.
Global EconomyMonetary PolicyU.S. EconomyWorld History
Although there has been excitement and fanfare over the recent BRICS meetings and proclamations, it is doubtful that these economies’ performance can match their rhetoric.
Monetary PolicyCapital and Interest Theory
Keynesians claim that the source of economic growth is consumer spending. Austrians know that net savings are the key to a growing economy.
The FedLabor and WagesMonetary PolicyU.S. Economy
Autoworkers are angry at their working situation and are striking for higher wages and a shorter work week. Their anger is misdirected.
Economic PolicyInflationMonetary PolicyTaxes and Spending
As the national debt explodes and the federal government ramps up borrowing and spending, borrowing costs increase as well. Ordinary Americans will suffer the effects in due time.