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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.
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.
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 ...
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.
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.
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.
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.
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.
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.
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.