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Tag Archives: ludwig von mises
By Big Government For Big Government
Remember, consumer price inflation is merely the effect. Inflation, in its truest sense, is inflation of the money supply. That’s where inflation starts. That’s where the culprit resides. Continue reading
Posted in Government Debt, MN Gordon
Tagged arbitrary government, fiscal stimulus, ludwig von mises, statism, totalitarianism
25 Comments
When Boom Turns Into Crack-Up Boom
U.S. dollar printing in its current form is a crude procedure. The Treasury issues debt. The Federal Reserve then expands its balance sheet, creating credit from nothing, and loans it to the Treasury. The U.S. government then spends the debt based money into the economy via federal contracts, programs, and, now, stimmy checks. Continue reading
Posted in Economy, MN Gordon
Tagged central planning, crack-up boom, credit expansion, joe biden, ludwig von mises
27 Comments
America Has an Epic Choice
America has an epic choice. And it has nothing to do with who will be the next president of the United States. It has nothing to do with if the new stimulus bill is $1.6 trillion or $2.2 trillion. Continue reading
Posted in Inflation, MN Gordon
Tagged aron ralston, federal reserve, jerome powell, ludwig von mises, stimulus bill
23 Comments