economics

The Specter of Hyperinflation Looms over the Economy-Mises Institute

Authored By Michael Matulef,Mises 10/28/2023Michael Matulef The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. Austrian business cycle theory, however, reveals that current economic [...]

By |2023-11-02T23:48:21+00:00November 2nd, 2023|Money News|

Charles Hugh Smith: The Psychology of Inflation: What Makes You Say, “No Way Am I Paying That”?

Authored By Charles Hugh Smith Value varies. Invest in what's valuable. It's a well-recognized human bias to feel losses more acutely than gains. Perhaps something similar occurs with inflation. As essentials soar in cost--i.e. non-discretionary expenses such as shelter, food at home, utilities, childcare, healthcare insurance, etc.--our only response is sighing resignation: yes, it's a ripoff but [...]

By |2023-09-27T20:57:20+00:00September 27th, 2023|Investing, Lifestyle, Money News, Real Estate|

Is it a good thing for ordinary Americans if the US loses reserve currency status?

Authored By Ryan McMaken, Mises.Org   Contributed by Jerry Yu It's a Good Thing for Ordinary Americans If the US Loses Reserve Currency Status 04/25/2023Ryan McMaken Earlier this month, Larry Kudlow insisted that it is "it's incumbent on the U.S. government, no matter who's in power, to maintain the reserve currency status of the dollar." Kudlow laments that [...]

By |2023-05-07T01:39:13+00:00May 5th, 2023|Business Owners, Investing, Money News, Retirement|

Charles Hugh Smith: Chart a course to self-reliance

Authored By Charles Hugh Smith, Of Two Minds By Charles Hugh Smith As things unravel, the one surefire strategy is to chart a course for greater self-reliance. Improving self-reliance has no downside, only upside, and everyone can increase their self-reliance incrementally in small ways. Self-reliance isn't the same as self-sufficiency. Even Thoreau on Walden Pond [...]

By |2022-10-02T14:58:16+00:00October 2nd, 2022|Money News|
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