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InflationMonetary PolicyPrice Controls
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.
The latest Keynesian money-printing and spending schemes are blowing up. It is time to hear what the Austrians have to say.
With inflation still near forty-year highs, this is the thirteenth month in a row during which earnings have fallen behind price inflation.
Money and Banks
In November, the Fed started its hawkish talk. Six months later, the economy is weakening, and the Fed has still done virtually nothing at all.
The Police State
For many years, conservatives have held the FBI as being nearly infallible. It is time to rethink this devotion to a federal agency that pursues its own political agendas.
Booms and BustsInflationCantillonMoney and Banking
The Federal Reserve has created a tsunami of new money, but a tsunami ultimately must crash, and so will the Fed's inflation scheme.