Price inflation is probably down in energy, food, and apparel. But asset price inflation in stocks and real estate is significant. This means high rents and high home prices for ordinary people.
Zimbabwe's government has embraced a potent mixture of monetary inflation and price controls. The result has been economic disaster.
John Maynard Keynes's stance on German reparations in the wake of the First World War may have precipitated the rise of Hitler.
Central bankers want to find a means of resetting everything, exploring solutions such as digitising currency through blockchains, doing away with cash, and finding other avenues to try to control the so-called vagaries of free markets.
Medicare and Medicaid ended up destroying the finest healthcare system in history, and the healthcare crisis has become a permanent part of American life.
Central bankers are increasingly talking about raising the inflation target above 2 percent. Are negative interest rates next?
Americans ought to begin thinking of trade between the US and the UK as something comparable to trade between California and Idaho.
Even if we find that property was privatized by violence back in the mists of the past, it is not the slightest proof that the abolition of ownership is necessary, advisable, or morally justified.
The government accepts no legal obligation to provide specified law enforcement services in exchange for the taxes it forcibly extracts from the citizenry. A clearly defined and voluntarily accepted reciprocal agreement between the government and the citizens has never existed.
