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Tag Archives: inflation
Krugman on Price Stability and Deflation
Krugman writes on disinflation versus deflation, and how the former is more frequent than the latter. He then suggests the Federal Reserve should temporarily drop its role of achieving price stability, instead focusing on full employment. I argue that the Fed should step off altogether. Continue reading
Posted in Theory
Tagged deflation, disinflation, Federal, inflation, monetary, policy, Reserve
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Robert Murphy on the Double Dip
I’d like to come to Murphy’s defense regarding inflation and offer some points on the possibility of a double-dip. For the time being, I predict a continuation of the upward inflationary trend. We are seeing a greater destruction than production of wealth, as it flattens the structure of production. This is a trend towards impoverishment, not recovery, and does indicate the possibility of an increase in the rate of change of CPI. Continue reading
Posted in Uncategorized
Tagged Bubble, consumer, debt, Depression, dip, double, expenditure, Great, index, inflation, Investment, price, Private, production, public, Recession, stagflation
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Credit Loans, Consumption, and Prices
I think in general we’re seeing an increase in waste (consumption), and a very dangerous decrease in private sector investment. In other words, unsustainable consumption and a flattening of the structure of production. Continue reading
Spain’s Labor Problems
With growing interventionism in Spain, the black market is Spain’s only saving grace. Continue reading
Posted in Current Events
Tagged inflation, labor, Laws, Spain, stagnation, tax, Unemployment
1 Comment
Venezuelan Economics
Venezuelan inflation is not likely to lead to a false boom. Instead, it is going directly towards consumption of capital. Continue reading
Posted in Current Events, Theory
Tagged Capital, consumption, inflation, production, structure, Venezuela
6 Comments
Credit as a Panacea
Just because Venezuela has a lower national debt than Greece doesn’t mean that Venezuela is in the clear of major economic trouble. Venezuela suffers from terrible inflation. Continue reading
Devalued Yuan and Distortion
Does Chinese currency devaluation cause business cycles in the United States? Some believe so, but I argue ‘no’. Continue reading
Posted in Theory
Tagged business, China, cycle, devaluation, distortion, inflation, production, renminbi, structure, yuan
1 Comment
Peter Schiff on the Yuan
Some comment’s on Peter Schiffs recent article on China and the devaluation of the yuan. Continue reading
Chinese Trade Deficit
China’s March trade deficit is a direct result of their inflationary policy, not of any changes in manipulation of the yuan. The effects of impoverished manufacturers is finally being seen. Continue reading
Posted in Current Events
Tagged Bubble, China, deficit, dollar, economy, inflation, manufacturers, mercantilism, trade, weak, yuan
1 Comment
Correction to Article on Venezuela
Correction to my piece on Venezuela. Continue reading →