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Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.
BitcoinMonetary TheoryPraxeologyValue and Exchange
Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct?
NatCon featured diverse views on the Right, engaging the most pressing issues facing the civilized world. Whether National Conservatism becomes a force for good or—as the fusionism of old—becomes a vessel to grow the regime is to be seen.
Money and BanksU.S. History
US central bankers are guilty of much, but it's not their fault that central bankers elsewhere are so often even worse and have made their currencies weak compared to the dollar.
Book ReviewsGlobal Economy
Typical discussions about the fate of our planet center around issues like war, climate change, and sovereignty. Peter Zelhan says "the halcyon days of 1980–2015 are over."
Central BanksFinancial MarketsInflation
The latest bout of inflation has exposed how central banks around the world have used easy money policies to help cover for the economic drag created by the regulatory state.
Lest anyone underestimate the brutality of state control, the way governments have handled the covid-19 pandemic demonstrates the authorities have not yet hit bottom.
Economic PolicyPrice Controls
Rent control was imposed in Stockholm to "stabilize" the housing market. Not surprisingly, "stabilization" has meant housing shortages and years-long waits for available apartments.