http://libertyisnow.blogspot.com/2010/04/is-deflation-better.html Subscribe by Email Is Deflation Better? by Alex Merced I constantly speak about the dangers of inflation (increase in the money supply), and inflationary pressures of a growing government. Inflation destroys our purchasing power, causes...
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Wed, Apr 7 2010
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Filed under: Money, Prices, Economics, Price levels, Money Supply, Arbritage, Investment, Taxation, Risk, Banking, Treasuries, Inflation
http://libertyisnow.blogspot.com/2010/04/treasuries-investment-interest-rates.html Subscribe by email Treasuries, Investment, Interest Rates, and Risk by Alex Merced In todays world investment revolves around US Treasury debt cause it's AAA rating. Since the return yielded from treasuries is considered...
Larry Kudlow put together some debate tips for John McCain. After reading the recommendations, I noticed a significant contradiction. Mr. Kudlow states : "...McCain needs to stress that tax hikes of any kind would be a total disaster during this economic emergency, and that letting folks keep more...
\ mī- ˈ ō-pē-ə\ — a lack of foresight or discernment; a narrow view of something The movie 'Blindness' is in theaters this weekend and I've always found it an interesting story, since it was first a novel. I'm not writing this post to debate the socialistic tendencies of the story's...
It's always interesting to watch how a society's vernacular changes, to see new words added and old words subtracted. Additions bring the most fuss (see: text messaging). Subtractions often slip by the way side. The most striking example, today, is the word 'SOCIALISM'. As in, while the...
The fact that the price of oil has dropped considerably does not constitute any kind of "tax cut." When the price of oil increases once again, are we supposed to call it a tax increase ? How did the price of oil get singled out for such a distinction? If the prices of wheat, lumber, or cotton...
What exactly does it mean to "privatize" a service or industry? As I have argued before , there is a lot of confusion over the precise meaning of the terms "public" and "private" to begin with. The fact that state-controled property is called "public" is misleading...
A recent debate topic on Facebook's Politics poll was whether you supported Mike Huckabee's FairTax plan. The FairTax is a splendid example for examining language and economics. Let's not mince words: The FairTax is not fair. It is an ugly euphemism designed to receive support. Eliminate...
To begin my Austrian blog about language relating to Austrian economics, I will first touch on taxation. Specifically, how do people talk about taxes? First, people always ascribe an adjective to some sort of taxation. I state this because adjectives limit nouns; so, taxes are always limited by the way...
The basic idea of minarchism is that the government should be expressly small and limited to the defense of person and property of those within the territorial dominion of the government. This generally implies that the government's services be limited to the provision of police, courts and defense...