The Danger of Deflation (Phobia)
Dr. Joe Salerno argues we shouldn't fear falling prices: productivity-driven deflation raises living standards, while “deflation phobia” props up inflation targeting.
Dr. Joe Salerno argues we shouldn't fear falling prices: productivity-driven deflation raises living standards, while “deflation phobia” props up inflation targeting.
The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive
“I see that you are preparing the groundwork for supporting Nixon,” Rothbard wrote Meyer. “Again, for shame! Is this what conservative principles
The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive
There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in March 1968.
Bob explains Lerner’s Symmetry Theorem and shows how tariffs ripple through exchange rates, exports, and trade balances—then tests those predictions against today’s
The people of Iran suffer not only from authoritarian rule, but they also are victims of an economy in which the authoritarian
Bankers will be bankers, and AI can only add to their hubris.
“I see that you are preparing the groundwork for supporting Nixon,” Rothbard wrote Meyer. “Again, for shame! Is this what conservative principles