WHAT CAUSES INFLATION?

#185 I would like to thank Dick for being a loyal blog reader and passing on to me the article Rapid Money Supply Growth Does Not Cause Inflation at https://evonomics.com/moneysupply/ Inflation is a pervasive rise in the average price level. People expect low inflation rates, but high rates can destroy economies, especially when erratic andContinue reading “WHAT CAUSES INFLATION?”

THE CHICKENS ARE COMING HOME

#178 Economists define inflation as a pervasive and general rise in the average price level. The Consumer Price Index (CPI) measures the increase in prices of a particular basket of goods and services as measured by the Bureau of Labor Statistics (BLS). Over time, the BLS deletes no longer popular goods, such as typewriters, andContinue reading “THE CHICKENS ARE COMING HOME”

MERCHANTS OF DEATH

#144 It should be evident to anyone paying attention that the world is on the cusp of radical change. We are witnessing the beginning of a global banking dictatorship where a universal digital currency will supplant national currencies and mark the end of liberty. This transition will complete the demise of freedom except for aContinue reading “MERCHANTS OF DEATH”