by Dan Mitchell | Apr 7, 2023 | Blogs, Financial Privacy
There are many strains of libertarianism, everything from Randians to liberaltarians, from minarchists to anarcho-capitalists. I’m guessing the one thing they all have in common is a distrust of politicians and government. Simply stated, we...
by Dan Mitchell | Mar 15, 2023 | Blogs, Economics
Want to know who to blame for the failure of Silicon Valley Bank, Signature Bank, and the general turmoil in the banking sector? Poor management is part of the answer, of course, but the Federal Reserve also should be castigated because of bad monetary...
by Dan Mitchell | Feb 26, 2023 | Big Government, Blogs, Government Spending
In this segment from a December interview, I explain that budget deficits are most likely to produce inflation in countries with untrustworthy governments.* The simple message is that budget deficits are not necessarily inflationary. It depends how budget deficits are...
by Dan Mitchell | Nov 21, 2022 | Blogs
The great Milton Friedman repeatedly explained that rising prices are an inevitable consequence of easy-money policies by central banks. That’s a lesson everyone should have learned about 50 years ago when the Federal Reserve unleashed the...
by Dan Mitchell | Oct 1, 2022 | Blogs, Monetary Policy
Today’s column is about inflation and I want to start by recycling this clip from an interview back in April. The main message is that the Federal Reserve deserves the blame for inflation. America’s central bank created dramatically expanded...