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Booms and BustsInflationStrategy
The Fed is slowly increasing interest rates in the hopes that the economy will experience a "soft landing." However, there is no way to soften the blows about to fall on the economy.
Labor and WagesValue and Exchange
There is only one way to improve the standard of living for the wage-earning masses: increased capital investment.
Money and Banks
This is bad news for the administration, which has repeatedly attempted to downplay the relentless increases to the cost of living being inflicted on Americans after years of deficit spending, fueling inflationary monetary policy.
Economic PolicyThe FedInflationStrategy
The Fed's suppression of interest rates in the USA didn't just affect this nation's economy. It also drove investors to seek higher interest rates in questionable investments.
Economic PolicyMoney and BanksStrategy
While African nations often are famous for corruption, poverty, and inflation, there is a way to bring dramatic changes to African economies: a gold-based currency.
Booms and BustsThe FedInflationBusiness Cycles
Paul Krugman recently argued that the Federal Reserve can engineer a "soft landing" for the economy as it tries to deal with inflation. Such a view ignores economic realities.
The EntrepreneurFree MarketsWorld History
While historians paint the enclosure movement in negative terms, it actually played an important role in developing agricultural entrepreneurship.
Big GovernmentBureaucracy and RegulationFree Markets
Even as population has grown, increasing the intensive margin for agriculture has led to increased food production. This may not necessarily be a good thing.