It seems that even Nobel-Peace Prize winning economists also lack a proper understanding of inflation, and gold. Paul Krugman is the biggest example during these times. As Peter Schiff, whose podcasts are not only recommended on this blog and who is also famous(or infamous, if you ask CNBC, Art Laffer …
Well, well, well, it clearly isn’t Russia that Americans should worry about when it comes to election interference. Americans needn’t look beyond the borders. This shouldn’t come as a surprise considering the DNC stole the nomination from Bernie Sanders during the 2016 Democratic Primary. Furthermore, in a more recent example, …
Along with “What is Love?”, “What is Money” is one of the hardest questions for even the brightest and most well-educated people to answer. G. Edward Griffin has done arguably the best job providing a working, formal definition of money. As he explains, money is fundamentally anything that can be …
Often times a low unemployment rate, when it exists, is used as a key metric for measuring the health of the economy. It is the gold standard among mainstream economists, and politicians, in assessing how the economy is doing. While it is undeniably true that unemployment should be minimized, by …
Inflation is the expansion and/or increase in the money supply and/or currency. That’s it, nothing more. Often times, inflation is thought of as an increase in prices, but this is not quite correct. Price increases are the most likely EFFECT and CONSEQUENCE of inflation, but not the cause. The cause …
This debate is an interesting one, between respected economists/investors Peter Schiff and Jim Rickards. I follow both Schiff and Rickards, as both of their works, in the forms of newsletters, podcasts, and blogs are among those that I recommend. However, only one of them gets the concept of inflation correct, …