Video: Joseph Salerno Explains the Benefits of Deflation
Joseph Salerno spoke on "Why Falling Prices Are Good for Business" at Ramapo College in New Jersey on October 4.
Joseph Salerno spoke on "Why Falling Prices Are Good for Business" at Ramapo College in New Jersey on October 4.
The Homestead Acts are often held up as proof of how wise and prudent the federal government can be. The actual history of the Acts is less impressive.
With an election coming, the Fed has lost its enthusiasm for raising interest rates, much to the benefit of the incumbent party.
Regulation makes many firms larger and more bureaucratic than they would otherwise be.
There are really two types of asset-price-inflation periods. One is the "boom" type, but the other is the current "depression" type.
Iceland is not the only country coming up with "creative" ways to seize your wealth and income. The US is going down this path as well.
Putting the finishing touches on the world's largest building in China
Do central banks have a plan? Do they know what they are doing? The BBC wonders, and Jeff Deist provides some of the answers.
From the state to private corporations, many groups benefit from marijuana prohibition. And, they will fight to keep marijuana illegal.
It is impossible to isolate the "natural rate" and policies aimed at an unknown interest-rate target end up increasing instability.