By Sean Dempsey, 3/19/25 This is a response to Max Baecker’s terribly misguided recent piece in Forbes. The Real Cause of Rising Commodity Prices: Inflation, Not a Bubble The surge in commodity prices today is not the result of a speculative bubble but rather a direct consequence of inflation caused by a massive expansion of […]
To Democrats: Suppose the man running for President had in his previous term waged war against three countries while using drones to bomb two others; lobbied congress to ensure the continuation of the Patriot act; continued to imprison people without habeas rights in Guantanamo Bay and avoiding supreme court decisions by shipping certain individuals from […]
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
