What Did The Latest CPI Report Reveal About U.S. Inflation
The Consumer Price Index increased 0.4% for the month and 3.4% from a year earlier, matching forecasts
Federal Reserve
Treasury Yields Pause After Sharp Sell-Off As Oil Tops $100
The benchmark 10-year Treasury yield was little changed near 4.94%, while the 30-year yield held around 5.36%
No Secretary Bessent, We Aren’t Magically Growing Our Way Out Of Debt
During the first twenty-four years, net saving varied between ten percent to fifteen percent of NNP, while the federal budget was close to being balanced.
Money-Supply Growth Accelerated In July To A 59-Month High
Moreover, measured month-to-month, the money supply has increased during 11 of the past 12 months.
How Did Treasury Yields Rise Despite A $6 Billion Buyback
Some investors had expected a larger buyback, possibly reaching $7 billion to $8 billion
Inflation Destroys Family Well-Being
Government monetary policy is fundamentally a moral issue because central banks disrupt the core principles of voluntary exchange, private property rights, and natural law.
Ben Bernanke Didn’t Prevent A Depression. He Prevented A Recovery
As Murray Rothbard demonstrated in America’s Great Depression, Herbert Hoover intervened in the economy following the aftermath of the 1929 stock market crash more than any president had previously done.
Libertarians And Political Action
That turned one of the sharpest critiques of state power into a seminar-room parlor trick.
How Neoliberals Fueled The Rise Of Socialism
Look any deeper, though, or ask some follow-up questions, and the truth will eventually surface.
Rothbard’s Forgotten Critique Of The Inflation Premium
Rothbard illustrates the error with an expected 50 percent fall in prices. Fisher’s reasoning could imply lending 100 gold ounces today for only 53 next year since those ounces would buy more.
Fed Governor Waller Signals No September Rate Hike Unless Inflation Reverses
He said the effects of tariffs and higher energy costs appear to have been limited so far.
Why Did The Dutch Central Bank Move 86 Tons Of Gold To London
The transfer took place between March and August and involved more than one-quarter of the Dutch gold held in North America.
Trump $1 Coin Hits The Market As America Marks 250 Years
Trump previously called the idea unusual but said he was honored by the tribute.
Trump Suggests He Won’t Try To Talk Warsh Out Of Rate Hike
When asked by the Daily Signal whether he opposes Warsh’s potential rate increase and whether he has spoken to Warsh about it, Trump said, “No.”
The Fallacy Of Stable Prices
Yale professor Irving Fisher helped popularize the view that the “new era” economy of the 1920s would last indefinitely.
Credit Out Of “Thin Air” Brings Wealth Destruction
Take a farmer, Joe, who produced 2kg of potatoes. For his own consumption, he requires 1kg, and the rest he agrees to lend for one year to a farmer named Bob.