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Archive for September 4th, 2019

NY Fed President John Williams says low inflation is ‘the problem of this era’

04 Sep

New York Fed President John Williams said in a speech Wednesday that sluggish inflation is one of the central bank’s most pressing issues

Source: NY Fed President John Williams says low inflation is ‘the problem of this era’

Low inflation is better than accelerating inflation.  But prices, in a free market economy, should be falling.  The Fed inflating is distorting prices.  It is the 1920s all over again.

 
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The Libertarian Difference 

04 Sep

How different are libertarians from liberals and conservatives? Quite different. In a response to my recent article, “Authoritarian Busybodies,” an astute reader writes: Liberals tend to think that libertarians are conservatives. Conservatives tend to think that libertarians are liberals. Libertarians tend to think that liberals and conservatives are equally authoritarians. I have heard something similar to this before, but never gave it much thought. I think that there is a lot of truth in it even if it cannot be taken as a general rule. For example, when libertarians talk about the free market, limited government, free trade, and fewer … Continue reading →

Source: The Libertarian Difference – LewRockwell

 
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EconomicPolicyJournal.com: Larry Summers Becomes An Economic Fascist

04 Sep

Source: EconomicPolicyJournal.com: Larry Summers Becomes An Economic Fascist

 
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