Friday, 18 August 2017

Inflation

The Inflation Tax

Posted by Jerry Jordan
July 20, 2017

Can you name an official at a major central bank who expresses worries that inflation is now, or soon will be, too high?  Can you identify any financial publication–even the Wall Street Journal–that does not report that recent inflation data have been “disappointing?” To paraphrase former President Nixon, are we “all inflationists now?” Twenty years […]

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We are Taxed Enough Already

Posted by Jerry Jordan
July 18, 2014

Today’s T.E.A. party adherents have it right. We are Taxed Enough Already! So why is raising the inflation tax gaining popularity with policymakers around the world? The central idea of post WWII monetary arrangements was that the US dollar would be firmly pegged to gold at a fixed rate and the rest of the world […]

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Yellen, the Hawk?

Posted by Gonzalo Schwarz
October 29, 2013

  By Steve H. Hanke This article appeared in the November 2013 issue of Globe Asia.   Well, it’s official. President Obama has picked Janet Yellen as his nominee to be the next Federal Reserve Chairman. In the months leading up to this announcement, the press unanimously dubbed Yellen the Queen of the Doves, pointing […]

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Little Difference Between Monetary Activists Yellen, Summers For Top Fed Post

Posted by Gonzalo Schwarz
September 3, 2013

By JEFFREY BELL AND RICH DANKER There is thought to be a pitched battle raging within the White House over President Obama’s pick to succeed Federal Reserve Chairman Ben Bernanke when his term expires early next year. Bernanke’s deputy Janet Yellen is the liberal favorite for her vocal position in favor of continued monetary stimulus, […]

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Commentary on Troubled Currencies

Posted by Gonzalo Schwarz
July 25, 2013

by Steve Hanke For academics, the term “troubled currency” might be a term of art. But for people who are faced with such a currency, they know a troubled currency when they see one. Today, this is the case for millions of people around the world — most notably in Iran, North Korea, Argentina, Venezuela, […]

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What will stop the Fed?

Posted by Alex Chafuen
July 10, 2013

by Alex Chafuen Central Banks have been tools to destroy rule of law in many countries. “The most secretive organization in America operates without any accountability to the American people. Hiding in the shadows, pretending to be part of the United States government, its power is beyond measure.”  A new thriller by Brad Thor uses […]

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