According to the Bureau of Labor Statistics' latest price inflation data, CPI inflation in March rose to a seven-month high, and price inflation hasn't proven nearly as transitory as the regime's economists have long predicted. According to the BLS, Consumer Price Index (CPI) inflation rose 3.5 percent year over year during March, without seasonal adjustment. That’s the thirty-seventh month in a row of inflation well above the Fed’s arbitrary 2 percent inflation...
Read More »Let’s Be Honest: The Economy Is NOT Doing Well
The American economy is not all right. But to see why, you need to look beyond the dramatic numbers we keep seeing in the headlines and establishment talking points.Take, for instance, the latest jobs report. For the third month in a row, the American economy added significantly more jobs than most economists had been expecting—a total of 303,000 for March. On its face, that’s a good number.But as Ryan McMaken laid out over the weekend, things don’t look as strong...
Read More »Watch Our New Fed Documentary Teaser Now!
Dr. Paul is right! People need to look at the money issue. Wars, spending, debt accumulation, subsidies, and foreign aid are intimately linked to the money machine known as the Federal Reserve.Central banks have two main purposes: inflate the money supply and bail out the big financial firms. By inflating the money supply, governments can finance their operations cheaply and surreptitiously at our expense. If we wish to expose the state and all its...
Read More »Hair of the Dog — Progressives in Congress Need Another Hit of Low Interest Rates
Bernie Sanders, Elizabeth Warren, and the Congressional Progressive Caucus recently sent an open letter to the chairman of the Federal Reserve, Jerome Powell, demanding lower interest rates.The letter is full of the economic illiteracy one would expect from progressives, especially those in Congress. For example, it misreads price inflation data and argues that the failure to lower interest rates endangers home affordability and increases income inequality. These...
Read More »Two Cheers for Vivek Ramaswamy for His Commentary on the Fed
Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436 [embedded content] Tags: Featured,newsletter
Read More »CNN Is Wrong. Deflation Is a Good Thing
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Read More »Personal Medical Bankruptcy: Made in DC
[unable to retrieve full-text content]When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher medical prices will mean more medical bankruptcies. [embedded content] Tags: Featured,newsletter
Read More »Failing to Make the Case for Race-Based Reparations
Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436 [embedded content] Tags: Featured,newsletter
Read More »Police Dogs Have Abolished Constitutional Due Process
Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436 [embedded content] Tags: Featured,newsletter
Read More »California’s Latest Hustle: Utility Bills Based on Ratepayers’ Income
Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436 [embedded content] Tags: Featured,newsletter
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