Let’s see, let’s see… The media states the obvious, albeit after months: The inflation rate is more like 10% than the numbers the gov’t has been giving of late. The media misses a lot of things, though, as we all know. Some of these may be petty or conspiratorial, but others are huge: what the…Details
Just print all the money, already.
Money isn’t wealth, nor can green ticket-printing create permanent wealth in a world of scarcity.
Friedman talks about why inflation is bad:
It’s only a matter of time until the U.S. defaults on its debts or inflates them away…
Too rich: [I]t turns out that regulation (the more the better) can be an engine for growth. From Paul Krugman: As some of us keep trying to point out, the United States is in a liquidity trap: private spending is inadequate to achieve full employment, and with short-term interest rates close to zero, conventional monetary…Details
Scrutiny of the Federal Reserve has been steadily increasing since Ron Paul started talking about the closing of the gold window in 1973. Though there is little chance that Paul will win any forthcoming candidacies, his legacy as the man who single-handedly brought the Federal Reserve into the light (the best disinfectant) is unmatched by…Details