U.S. Economy

Displaying 71 - 80 of 1944

The Fed: Harming the Economy for over a Century

The FedInflationUnemploymentU.S. EconomyU.S. History


While we criticize the Fed for its monetary predations over the past few years, we really should look at the harm the Fed has caused for more than a century. Its record is abysmal.

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America’s Big Three Entitlement Bankruptcies Are Inevitable

Booms and BustsU.S. EconomyU.S. HistoryWorld History


If the twentieth century was the American century, the twenty-first is turning into the American bankruptcy century.

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The Coming Collapse of the Global Ponzi Scheme

Bureaucracy and RegulationEconomic PolicyThe FedU.S. Economy


In the global Ponzi scheme, thin air and deceit substitute for sound money. As hedge-fund manager Mitch Feierstein ...

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Dollar Hegemony Is Ending Due to Geopolitical Changes

EuropeInflationMonetary PolicyU.S. EconomyU.S. HistoryWar and Foreign PolicyWorld History


Since the end of World War II, the US dollar has been the world's reserve currency. That status may well change because US monetary authorities insist on inflating the dollar into oblivion.

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Inflation Is a Giant "Skim" on the American People

Corporate WelfareInflationMoney and BanksU.S. EconomyU.S. History


Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.

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Eurodollars as a Fractional Reserve Market

Booms and BustsInflationMonetary PolicyU.S. Economy


We should not just be concerned about problems in the American banking system, but also about the proliferation of Eurodollars.

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The Taxpayers Bailed Out Yellow Trucking. It Went Bankrupt Anyway.

U.S. Economy


The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.

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Easy Money Is a Much Bigger Economic Problem than Debt

The FedMonetary PolicyTaxes and SpendingU.S. Economy


While many economists claim that high overall debt levels can lead to economic recessions, irresponsible government spending and money expansion are the real culprits.

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Big Governments’ One-Two Punch: Scope Creep, Then Wartime Deprivation

Big GovernmentThe FedInflationTaxes and SpendingU.S. Economy


Governments do two things: they grow and they deprive citizens of their wealth. That process has not changed for more than a century in the USA.

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What Is the Right Inflation Target for Central Banks?

The FedInflationMonetary PolicyU.S. Economy


The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why. 

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