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Commodity Prices During “The Bernanke Era”
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
Minimum Wage is a Lose-Lose
This is a big subject. And it’s one that sadly keeps coming up in our political climate! Let’s just RAISE THE MINIMUM WAGE! The poor Poor are suffering. We are selfish for not wanting to help them. “Big Business” is greedy and keeping the little man down. But this is all political hype and distraction […]
Progressive Glenn Greenwald Continues to Make Sense
Ignore progressives on economic matters and they can make a whole lot of sense, with Glenn Greenwald clearly being the best that I have found. In a recent commentary of his, “The Patriot Act and Bipartisanship,” he continues to remain consistent in his defense of civil liberties and non-partisan outing of hypocrisy while recognizing his […]