Download the slides from this lecture at Mises.org/MU21_PPT_24. Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2021.
Many episodes of monetary inflation, some even long and virulent, do not feature a denouement in a sustained high CPI inflation over many years. Instead, these episodes have the common characteristics of asset inflation and the monetary authority levying tax in various forms – principally inflation tax or monetary repression tax. For the monetary inflation […]
“Inclusive and equitable economic growth” is how the Joe Biden administration envisions its recovery plan following massive job losses from the 2020 lockdowns. Taxpayers will have to pony up $1.8 trillion for childcare, paid and medical leave, as well as universal pre-K. To Biden, the fact that a growing number of mothers are choosing to […]