Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

May 27, 2009

The Signs of Inflation

Since Barack Obama has decided to continue down the path George Bush started down,  the path of Robert Mugabe and Friedrich Ebert, the United States economy will soon be facing all the problems associated with inflation. Unfortunately, the effects of inflation are poorly popularized, meaning that most people have a very limited understanding of inflation.  [...]

Posted By: tarran @ 4:04 pm || Permalink || Comments (10) || TrackBack URI || Categories: Currency and Monetary Policy,Economics,Inflation,Monetary Issues,Theory and Ideas
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May 8, 2009

Truth Hurts… Ignorance Hurts Worse

I disagree with Schiff on hyperinflation; but we’re DEFINITELY going to be seeing significant inflation. I’m thinking 1979 levels or so. Note: Schiff is also a firm believer in the inherent value fallacy; which is just that, a fallacy. There is no such thing as a stable currency, because nothing has inherent value. All value [...]

Posted By: Chris @ 5:41 pm || Permalink || Comments Off || TrackBack URI || Categories: Constitution,Credit Crisis,Currency and Monetary Policy,Dumbasses and Authoritarians,Economics,Inflation,Monetary Issues,Politics,Socialism,Taxation,Theory and Ideas
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