U.S. Economy

Displaying 71 - 80 of 1944

The Fed: Harming the Economy for over a Century

The FedInflationUnemploymentU.S. EconomyU.S. History

Blog08/22/2023

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.

Read More

America’s Big Three Entitlement Bankruptcies Are Inevitable

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

Blog08/22/2023

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

Read More

The Coming Collapse of the Global Ponzi Scheme

Bureaucracy and RegulationEconomic PolicyThe FedU.S. Economy

Blog08/21/2023

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

Read More

Dollar Hegemony Is Ending Due to Geopolitical Changes

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

Blog08/19/2023

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.

Read More

Inflation Is a Giant "Skim" on the American People

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

Blog08/16/2023

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.

Read More

Eurodollars as a Fractional Reserve Market

Booms and BustsInflationMonetary PolicyU.S. Economy

Blog08/14/2023

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

Read More

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

U.S. Economy

Blog08/12/2023

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.

Read More

Easy Money Is a Much Bigger Economic Problem than Debt

The FedMonetary PolicyTaxes and SpendingU.S. Economy

Blog08/10/2023

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

Read More

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

Big GovernmentThe FedInflationTaxes and SpendingU.S. Economy

Blog08/09/2023

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.

Read More

What Is the Right Inflation Target for Central Banks?

The FedInflationMonetary PolicyU.S. Economy

Blog08/05/2023

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. 

Read More