Overall, at least 50 percent of the consumer price index in Japan appears to be government controlled, which is reflected in the significant growth of government spending on subsidies.
Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.
With the Eurozone’s global systemically important banks geared up to 30x, rising bond yields of little more than a few percent could collapse the entire euro system.
From its inception, the Fed's job has been to pay off the debt and cover excess expenditures with newly printed paper money.
Economics is haunted by more fallacies than any other study known to man. This is no accident.
The battle for true freedom will continue in 2022. Please take the last day of the year to support the institute's mission!
Suppose some people don't like the services furnished by a "minimal state." Don't these people have the right to establish their own services to compete with the minimal state?
Central bankers are being disingenuous when they insist that rising prices are a temporary phenomenon.
We will win. But how long will it take, and at what price victory?
The original "leftists" wanted to abolish government regulation and controls. The rightists were the old control-freak authoritarians. But then the Jacobins hijacked the Left.
