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Greetings. A new audio essay is available in The Rational Argumentator's Audio Section : http://progressofliberty.today.com/tra-audio/ “ Why a Socialist Economy is Impossible ” by Joseph T. Salerno; Read by G. Stolyarov II I hope that you will enjoy it.
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I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...
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"Please Stop Calling It A Recession" I came across this article where a blogger rants calling anyone a fearmongerer who dares to call the current state of the US economy a recession (the following comments are even worse). This is on a tech blog, not an economic one, mind you. I stopped reading...