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Individuals should be free to invest as they see fit, rather than the government trying to shield them from loss.
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Almost as long as paper money has existed, unbacked paper and its inflationary implications have been around.
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Almost as long as paper money has existed, unbacked paper and its inflationary implications have been around.
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The dollar's depreciation will not avert future recessions.
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The tariffs are causing far more damage than good.
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This is the thirteenth month in a row that earnings have slipped behind price inflation, with inflation remaining above 40-year highs. That is, for more than a year, ordinary people have been getting poorer.
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The Federal Reserve has declared that it will begin reducing its balance sheet and boosting interest rates. However, the Fed's actions announced on Wednesday are extremely cautious. The Federal Reserve is significantly behind the curve.
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By highlighting erroneous inflation figures, central banks will not be able to determine the best policies.
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Marx and Engels are not only anti-capitalist. They observe that by limiting everything to monetary exchange, the reality of exploitation became more visible.
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Following a year of soaring inflation, Russia's war in Ukraine is forcing policymakers and commentators to take stock. The days of thoughtless demand stimulus, guaranteed bailouts, and active climate measures must now be put behind us, according to new macroeconomic realities.