U.S. Economy

When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.

That wasn’t a misquote; Trump actually said I love the inflation—do take a moment to let that sink in.

When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.

Mark Thornton reviews John Mearsheimer’s Why Do Politicians Lie? and connects political deception abroad to the Fed-driven distortions now warping markets, money, and the working class.

Trump is trapped in a genuinely difficult situation as he tries to reach a deal with Iran. But it is a crisis of his own making. Also, the establishment figures now condemning him should not be allowed to pretend they had nothing to do with it.

Does a recession loom in our future? Given the irresponsibility of the government’s economic policies, the short answer has to be “yes.”

As economic uncertainty grows, the authorities turn to their only “solution”: increase sovereign debt and ratchet up inflation.

The financial analyst Richard Daughty, whose pen name was Mogambo Guru, passed away four years ago, but while he was alive, he produced spot-on criticisms of the US government and its inflation rocket fuel booster, the Federal Reserve System.

As socialists gain power in American cities and states, they look to destroy the creation of wealth and to tax the wealth-creators into oblivion. We know how these scenarios end.

As socialists gain power in American cities and states, they look to destroy the creation of wealth and to tax the wealth-creators into oblivion. We know how these scenarios end.