JOIN OR RENEW TODAY
LawWar and Foreign Policy
Jakub Bożydar Wiśniewski, an affiliated scholar of the Mises Institute and a voice for libertarianism in Poland, shares his thoughts with Claudio Grass.
Hyperinflation? Yes, it can happen here, and the more officials deny hyperinflation is possible, the more they create the conditions that causes it.
Central BanksInflationMonetary PolicyWar and Foreign Policy
The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector.
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.