Biden’s Inflation Narrative Dies as Price Growth Rises to a Seven-Month High
The regime remains unrepentant, and there is little danger that it will admit its role in fueling the price inflation that is now crippling many ordinary Americans.
The regime remains unrepentant, and there is little danger that it will admit its role in fueling the price inflation that is now crippling many ordinary Americans.
Contrary to popular opinion, bank capital is not a reserve to cover potential losses. In fact, even the ill-fated Silicon Valley Bank had adequate bank capital before it collapsed.
On this day ninety-one years ago President Franklin D. Roosevelt via executive order seized gold legally held by Americans, criminalizing the use of sound money. Our economy and our nation has never recovered from this act.
Although fractional reserve banking is the most popular model for banking, it is fraudulent at its core, something the Austrians have noted for many years.
The Murray N. Rothbard Memorial Lecture. Sponsored by Steven and Cassandra Torello.
In a new book, The Natural Order of Money, Roy Sebag argues that money is the "extension of the natural order," and that it is not arbitrary.
Few economists—even the free-market advocates—understand what caused the Great Depression. No, the Fed didn’t cause the Depression by failing to inflate the currency. Instead, it was the Fed’s inflation that led to the disastrous early events.
Central banks have had the chutzpah to claim credit for slowing down the rise of consumer prices. The truth is they have taken advantage of the supply boost from fading pandemic dislocations to pursue continued monetary inflation.
Few economists—even the free-market advocates—understand what caused the Great Depression. No, the Fed didn’t cause the Depression by failing to inflate the currency. Instead, it was the Fed’s inflation that led to the disastrous early events.