Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor
Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor.
Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor.
One of the modern progressive buzzwords is "stakeholder capitalism," in which people with no direct connection to a firm somehow have a "stake" in what the firm does. It is an incoherent term.
What happens to a society when spending is encouraged and saving is for chumps?
By itself, the end of the petrodollar won't destroy the dollar. But it will continue a trend that weakens both the dollar and the US regime's power.
The Federal Reserve is no more "private" than the Environmental Protection Agency, and through its special government status, the Fed inflicts many economic crimes on regular people.
Ryan and Tho talk to Mark Thornton about what to expect from the next recession and how we got ourselves into the current inflationary mess.
It's only a good time to be a worker in America if one confuses falling real wages and falling full-time employment with robust employment conditions.
The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.