Can Deflation Fix the Damage Done by Inflation?
Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.
Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.
Money supply growth inched upward again in June this year, but remains well below the growth rates experienced from 2009 to 2016.
Instead of Medicare for All, the plan should be called “VA Care for All,” with the increase in preventable deaths that comes with it.
Regulation of immigrants was almost exclusively the domain of state governments during the first 100 years of the United States. Many doubted if federal involvement was Constitutional.
While it is true that factory jobs have fallen by approximately seven million since 1979, manufacturing output has climbed more than one-fifth since 2006.
The answer to why people continue to work in such deplorable conditions is pretty simple: they don’t have any other options.
Thanks to markets, living standards continue to go up globally, although many predicted that the earth was going to run out of resources decades ago.
Why attack the most vulnerable in our society, who benefit enormously from inexpensive imported retail goods?
Far and Wide leaves us wondering if Peart applies the same demands for empirical proof to bleeding heart government policies.
The sooner we stop conflating “technology” with “coin,” the sooner we will have a better understanding of what is and is not sound money.