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The money supply is on a long and fast downward trajectory. This points toward recession and is just one more indicator of economic weakness in addition to negative GDP and an inverted yield curve.
Inflation is not a product of corporate greed or rising wages. It is a fraud perpetrated by government authorities that impoverishes average people while enriching elites.
Business CyclesInterventionismMonetary TheoryMoney and Banking
Inflationism terrorizes us.
Biden has declared that the USA has "zero inflation" at present. Austrian economists say, "Not so fast."
Booms and BustsEconomic PolicyInflationBusiness Cycles
The "official" definition of a recession is a two-consecutive-quarter decline in GDP, but there are problems with GDP measurement in the first place.
Whether you need college in today's world of unlimited digital information is exceedingly subjective.
When inflation hits, we see higher overall prices for everyone. But inflation hits lower-income people the hardest, and they bear the brunt of this tax.
Free MarketsSocialismTaxes and Spending
Elites are attacking the government of Mauritius for having lower tax rates than other African countries. The real issue is the levels of taxation in other African countries.