Social Security Set to Rise Slightly for 2017
More than 60 million Americans will see their Social Security benefits increase in the year 2017. Unfortunately, benefits will not increase by very much. The Social Security Administration (SSA) recently announced More...
Krugman is a Keynesian ‘crank’ wanting to empower the inflation fairy
Lest anyone think that Paul Krugman is an economist, his latest column bemoaning the lack of hardcore inflation presents every reason as to why he is a crank, although a famous crank. Yes, the Inflation Fairy More...
The Fairy Tale of Our Time, ‘massive consumer spending is what fuels an economy’
Paul Krugman is nothing if not consistent. Once again, we are told that Kenneth Rogoff is the main reason that our economy is not roaring along like boom times, and that massive consumer spending is what fuels More...
All Hail the Debt Fairy! All Hail the Inflation Fairy!
In September 2008, if it had not been obvious before, it had become abundantly clear since that the borrow-and-spend party has been over for nearly five years, yet Paul Krugman is becoming even more shrill about More...
Keynsians gone wild, understanding the spending, borrowing and printing of money as keys to a strong economy
When it comes to debating the whole issue of extending the boom via money printing and borrowing or allowing the malinvested assets to be liquidated or changed to other, more profitable uses, Paul Krugman has become More...
Yes, Inflation is our Savior, leftists cheer hyperinflation
One of Paul Krugman’s repeated themes in his columns and blog posts is that inflation is a wonderful thing, and apparently we never can have enough of it. Inflation wipes out debt, transfer wealth from creditors More...
Inflation Since The American Revolution
This chart just had to be shared. From Michael Krieger who posted this chart: inflation was virtually unheard of until the Creature from Jekyll Island (the Federal Reserve) took over. However, more importantly, More...
Federal Reserve member says ‘not signs of rising inflation’ coming
In a speech defending the Federal Reserve‘s efforts to stimulate the economy in recent years, a central-bank official said inflation isn’t a threat, and described how monetary policy easing can lower the dollar. “Inflation More...
Drought pushes soybeans and corn prices to record high
The worst drought in a half century will continue to plague most of the U.S. Midwest crop region for at least the next 10 days, with only occasional showers providing some relief mainly in the east, an agricultural More...
