Why Has There Been So Little Consumer Price Inflation?
Prices of consumer goods have grown rather slowly in spite of sizable money supply growth. Why is there a gap?
Prices of consumer goods have grown rather slowly in spite of sizable money supply growth. Why is there a gap?
The figures that we are seeing now are truly, truly horrifying, and what is even more frightening is that they aren’t even that accurate.
Trump emphasizes state power in times of crisis
Congress and the Federal Reserve have responded to the shutdown by making several attempts at economic relief. They have also rung up quite the tab for the American public in the process
Congress and the Federal Reserve have responded to the shutdown by making several attempts at economic relief. They have also rung up quite the tab for the American public in the process
The data shows that no EU member state is going to emerge from the COVID-19 crisis unscathed with countries in southern Europe set to be worst impacted.
“The jobs report will probably be one of the worst ever,” St Louis Federal Reserve President James Bullard told CNBC
The current crisis for airlines is even worse than it was after 9/11
Understanding debt is straightforward: it is the money the government borrows to finance expenses that exceed tax revenue
System addicted to printing money
“We have no rainy day account. We have no savings account.”
The economic collapse that so many have been warning about is here, and it is going to continue whether there are lockdowns or not.
More money creation doesn’t necessarily mean higher consumer prices. But, if production is falling while consumers use their stimulus checks to buy food and clothing, we could see noticeable price inflation
When it comes to understanding business cycles, Austrian school scholars stand on firm ground while critic John Tamny is all at sea
Landlords invest their stored labor—savings—at a risk and with the knowledge that they won’t recoup it for some time. In creating or renovating rental properties, they aid those who can’t store their labor yet—tenants and laborers