Why does money have value? Typical economists claim that money is valuable because the government declares it so. But that is impossible, given the true origins of money, which are best explained by Austrian economists.
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.
Volcker’s victory over runaway inflation was not permanent, because the temptation for central banks toward excessive printing, monetization of government deficits, and levying inflation taxes is permanent.
One doubts that the so-called Inflation Reduction Act will reduce inflation. However, it will wreak havoc on the US economy with its lethal mix of taxes, regulations, subsidies, and outright crony capitalism.