Tag Archives : inflation


The IMF and Austrian Theory

Source: http://mises.ca By James E. Miller    The IMF and Austrian Theory   Back in the early 1960s, financial journalist Henry Hazlitt warned against efforts to create an international system to help facilitate the smooth transfer of currencies. Representatives from the world’s leading governments were attempting to increase liquidity in global markets. They wanted to […]

IMF headquarters

Peter Schiff

Governments Need Inflation, Economies Don’t

Source: http://www.europac.net By Peter Schiff   Governments Need Inflation, Economies Don’t   In an article in the UK’s Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea. While politicians, CEOs and economists talk about demand stimulus and the […]


Leading Keynesian Economist Uses The “D” Word

Source: http://www.againstcronycapitalism.org By Hunter Lewis   Leading Keynesian Economist Uses The “D” Word   Most Keynesian economists do not want to admit that we are in another depression. They find the word painful. They find it painful because it contradicts the idea that Keynesian economic ideas have ended depressions forever. It also contradicts the idea […]

Keynes graffiti cc

Federal Open Market Committee Meeting

Modern central bankers have things upside down, This is why they fail

Source: http://www.againstcronycapitalism.org   Modern central bankers have things upside down, This is why they fail     Money isn’t wealth. It measures wealth the way a ruler measures length, a clock measures time and a scale measures weight. Boy is this true, but so many people, including the supposed shamans at the Fed  fail to […]