Inflation as a Policy
From April 6, 1959: As inflation increases, apologists emerge to suggest that, after all, inflation may be a very good thing—or, if an evil, at least a necessary evil.
From April 6, 1959: As inflation increases, apologists emerge to suggest that, after all, inflation may be a very good thing—or, if an evil, at least a necessary evil.
Marijuana was legalized, the owners were permitted, and they asked the government to conduct a business inspection. Instead, the police busted them and stole all their stuff!
Thanks to the Rothbard Reading Group at Southeast Missouri State University for hosting Joseph Salerno last Tuesday, April 19.
George Monbiot's attack on neoliberalism fails to account for the conflict between the Austrian school and the neoliberals.
In spite of Ben Bernanke's assurances to the contrary, it is clear that China still sees gold as money.
This is the fruit of free labor. It is able to create more wealth for everyone than slave labor once provided for the masters.
Why stop with Jackson? Let's ditch all the other politicians on US currency also.
The ruling class of the euro zone has slightly backed off its plan to end use of the $500 note immediately.
Europe may turn to "helicopter money" as an easy solution. The problem of deciding who gets the money isn't quite so simple.
Unfortunately for us, James Grant is right.