Monday , 15 July 2019


Economy

Withdrawal of Financial Painkillers Could Result in Messy Complications

You've probably heard that the economy is recovering, that consumers are more optimistic, and that companies might soon begin hiring more workers than they're firing. Hooray. The only problem with such an upbeat prognosis is that large chunks of the U.S. economy remain addicted to financial painkillers. Words: 845

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Inflation Destroys Discipline

Inflation represents a loss of discipline that always ends up hurting a large number of people. Furthermore, the consequences of inflation can leave wreckage in which policymakers are left with no good alternative policies to follow. Words: 961

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Deflation: A Threat to the U.S. Economy?

Policies aimed at countering a fall in prices, which are supposedly aimed at fighting deflation, do nothing more than provide support for nonproductive activities and delay the chances for a durable economic recovery. Words: 1586

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