Where the heck did time go? As author Ben Johnson wrote, time is a bald cheetah. It flies by. They’re right when they say time speeds up as you get older. Apparently the science says this happens because you have seen it all as you age so nothing is new anymore. OK, enough with the […]
Federal Reserve
Merry Christmas to all our wonderful readers!
Another year, another Christmas. Well, the supposed most wonderful time of the year is here. So, we would like to wish every single one of our readers a Merry Christmas!
Week in Review: December 16 to December 22
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Larry Kudlow expects USMCA, U.S.-China deal to add 0.5% to GDP in 2020 THANKS FED: Dow Jones hits 10,000th point since Donald Trump took office GOOD! In 2018, […]
Paul ‘Inflation Tamer’ Volcker killed the last vestiges of gold
By: Joseph Salerno The flood of obituaries that noted the passing of Paul Volcker (1927–2019) last week have almost all lauded his achievement as Fed chair (1979–1987) in reining in the double-digit inflation that ravaged the US economy during the 1970s. Volcker was referred to as the “former Fed chairman who fought inflation” (here); “inflation […]
There is no inflation if you don’t live in a house or go to college
By: Ryan McMaken In my days before I worked for the Mises Institute, I had a colleague who knew I associated with Austrian-school economists. In the wake of the bailouts and quantitative easing that followed the 2008 financial crisis, he’d sometimes crack “where’s all that inflation you Austrians keep talking about?” But then, in the very […]