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Workers of the USA Unite and End the Fed

 
Tag Archives | Inflation

Workers of the USA Unite and End the Fed

October’s drop in the “official” unemployment rate may seem to be a cause for celebration. It is certainly being treated that way by the administration and their echo chamber in the mainstream media. However, there are a number of facts that should temper this celebration. First, as readers of this blog know, the official unemployment rate […]


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Ron Paul on CNBC: Give Free Markets A Chance

Austrian economists define inflation as an increase in the money supply, which in turn leads to higher prices for goods and services. This is important to note for a number of reasons, but most importantly for the point made by Ludwig von Mises in his 1951 essay “Inflation: An Unworkable Fiscal Policy,” highlighted in the […]


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Food Prices Skyrocket in May

Consumer prices are up sharply in May as the Federal Reserve continues to pump money into the economy with no end in sight. From USA Today: Consumer prices last month posted their sharpest increase in 15 months as inflation continued a recent acceleration from unusually low levels. The rise in prices was broad-based, with food, […]


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Well, duh: Inflation May Hit the Poor Hardest

Ron Paul and Campaign for Liberty have always talked about how the Federal Reserve’s inflationist policies always hurt the poor the most. Over at FiveThirtyEight  they have a good analysis as to why this is the case: Over the past two years, prices have risen more quickly for many of the things that low-income households spend […]


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Proponent of Federal Reserve Secrecy complains about inflation on House floor

Earlier today, Representative Chris Van Hollen (D-Md), who voted against Audit the Fed in 2012, took to the floor of the House to argue against a bill that would prohibit the CBO from assuming annual spending increases due to inflation. He even had an expensive-looking chart to go with his argument.         […]


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