Sound Money
The inflation hawks have a point: inflation is genuinely destabilizing. But where the inflation hawks go wrong is in blaming “money printing” for inflation.
Inflation
Bad Medicine Root Cause Analysis: Abstractions Are Killing Us
Abstractions are invented and agreed upon by us but often become runaway Frankenstein’s monsters when we forget that we made them up.
The Emperor’s New Commodities
Frauds and hucksters have always relied on false dichotomies and thought-terminating cliches to misdirect the attention of their audience from more appealing alternatives.
Fed Chairman Powell Wants Higher Unemployment to Stop Inflation
Twitter Thread: Consumer Price Index is 9.1%. year over year. The Fed’s solution is to raise interest rates, killing the economy to bring down. A thread about establishment logic. #CPI 9.1% Fed Chair Powell wants to raise unemployment and lower wages to fight inflation. Recession risk is a lower priority. https://www.marketplace.org/2022/05/12/fed-chair-jerome-powell-controlling-inflation-will-include-some-pain/ But, many sectors of the economy …
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What Should Brazilian Economists and Policy Makers have Learned from the Crisis?
The years is 2012, an MMT Economist writes about the near future of Brazil.
The National Debt and Other Red Herrings
Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor.
Money Growth Does Not Cause Inflation!
It is conventional wisdom that printing more money causes inflation. The only problem is, it’s not true. That’s not how inflation works.
4 Key Ignored Points in the Inflation / MMT debate
Inflation has caused great economic harm many times and in many places around the world throughout history. But, where we’re stood now, is this time and place one where inflation should be a concern?