Inflation

Despite claims that the Federal Reserve System is a “stabilizing” force in the US economy, the truth is that the Fed is and has been the main engine of inflation for more than a century.

Most economists believe that a growing economy needs a growing supply of money. While sounding like a common-sense idea, it turns out to be dreadfully wrong.

The costs of war are vast and horrific. Most people know this, which raises the question of why the US government seemingly can’t live without it.

Democrats learned the hard way that voters don’t like being told the economy is great when they’re struggling to afford everyday life. Now Republicans have chosen the same strategy.

In a recent interview with The Economist, Elon Musk boldly contended that “money won’t matter in 2036.” He doesn’t understand money’s role.

Democrats learned the hard way that voters don’t like being told the economy is great when they’re struggling to afford everyday life. Now Republicans have chosen the same strategy.

Mainstream economists believe that central banks can “control” inflation, which they believe actually boosts the economy. The only thing inflation boosts is more inflation.

Economic, political, and academic elites have declared gold to be a “barbarous relic,” but in the end gold always is the best choice for money. More than a century of the Fed's paper-based inflation is all the proof we need.

On this episode of Power and Market, Ryan, Connor, and Tho discuss the social debate this week focused on Gen Z economic anxiety.

The natural tendency of the state is inflation.