- The Coming Crisis the Fed Can’t Fix: Credit Exhaustion
- Why Calling U.S. a ‘Democracy’ Is Both False & Dangerous to Do
- What Sort of “Democracy” Do We Have If Everyone’s Goal Is Maximizing Their Government Swag?
- How States/Empires Collapse in Four Easy Steps
- How Not to Go to War
- UVA Finally Pays a Living Wage
- Here’s The Problem: The Pie Is Shrinking
- Video: How to Tell High School Students About War and Peace
- West Point Tries to Defend the Idea of a Just War
- Talk Nation Radio: Omali Yeshitela on No to NATO — Yes to Peace
- Geostrategy After the Deadlock in U.S.-North-Korean Relations
- The Source of Killer Inflation: Services
- High School Students and Peace Making
- What If Politics Can’t Fix What’s Broken?
- Trade Isn’t China’s Only Worry
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Tag Archives: deflation
Apple’s slumping sales growth in China re-energized discussions on the commoditization of smart phones: the basic idea is that once devices, services, goods, platforms, etc. are interchangeable and can be produced/generated anywhere, they are effectively commodities and their value declines accordingly. In the case of … Continue reading
We are constantly bombarded with two messages about inflation: 1. Inflation is near-zero 2. This worries the Federal Reserve terribly, because stable prices are deflationary and deflation is (for reasons that are never explained) like the financial Black Plague that will … Continue reading
Rather than being the Monster Under the Bed in central bank nightmares, deflation is the natural result of a competitive economy experiencing productivity gains. That the global Status Quo is terrified of deflation is the background of every policy decision … Continue reading
You can print all the money you want, but it will never boost wages to keep up with prices. Central banks have been pursuing two goals for the past six years: ignite inflation and an expansion of debt that will … Continue reading
Financial and risk bubbles don’t pop in a vacuum–all the phantom collateral constructed with mal-invested free money for financiers will also implode. If there’s one absolute truism we hear again and again, it’s that central banks are desperately trying to create inflation. … Continue reading