Showing posts with label Milton Friedman. Show all posts
Showing posts with label Milton Friedman. Show all posts
Thursday, June 15, 2023

Congress went on a spending orgy since 2019 adding $8.77 trillion to the national debt and dimwits blame the Fed for being unable to control inflation

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 Inflation is always and everywhere a monetary phenomenon. Blame yourselves. You elected them.   The chief penalty is to be governed by some...
Sunday, September 4, 2022

Money printing getting way ahead of output is the cause of the current inflation

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  US GDP last clocked in at $ 24.883 trillion in 2Q. The total public debt at the end of 2Q is $ 30.569 trillion. That's now a mismatch...

Inflation trader squeals like a stuck pig, fears QT will soon lead to the sort of stock event you tell the grandchildren about

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  Well, we've heard that before, but this story about one of them perfectly describes how Fed money creation has ballooned, by design, t...
Tuesday, May 10, 2022

All Items Consumer Price Index under Jerome Powell isn't capturing inflation like it did under Arthur F. Burns even though they both increased money supply at about the same rate

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Currency in Circulation (CURRCIR) under Arthur F. Burns rose at a compound annual growth rate (CAGR) of 8.64% from Feb 1970 to March 1978. T...
Tuesday, July 31, 2018

Mark Levin barked at a caller tonight that doctors aren't in the top 1%, saying that's Marxist crap

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Mark is celebrating Milton Friedman's birthday today, so he's in no mood for anyone who has the temerity to question capitalism...
Saturday, May 13, 2017

Robert Tracinski skewers some libertarians for the socialism in their heads, but still misses why it's there

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Here , chalking it all up to "unexamined collectivist assumptions" and mistakenly allowing "a little dominion of socialism ...
Sunday, December 30, 2012

Equality Of Taxation Would Completely Wipe Out The First 41 Million Wage Earners

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If we had anything like equality of taxation in this country, it would completely wipe out roughly the first 41 million of 151 million total...
Tuesday, February 7, 2012

Thomas Sowell Says Mitt Romney's Minimum Wage Views Prove He's No Conservative

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Here : When you set minimum wage levels higher than many inexperienced young people are worth, they don't get hired. It is not rocket sc...
Monday, January 17, 2011

NY Times Paints Loughner and Hard Money Libertarianism as Right Wing Extreme

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The leftist ridicule offensive continues, designed to preoccupy the opposition and get the right fighting amongst themselves over who belong...
Friday, January 22, 2010

That Was My Line, says Barry Ritholtz

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"Two items are noteworthy (besides his lifting my 'If you want less of something, tax it.' line)." -- Barry Ritholtz , Ja...