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Inflation: The Economics of Addiction

Written by Gary North on January 4, 2014

Inflation: of all the dangers to the free market economy, historically and theoretically, the greatest is this one, yet it is one of those subjects that remain wrapped in mystery for the average citizen. This elusive concept must be understood if we are to return to the free market, for without a thorough comprehension of […]

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Median CPI Up 0.1% in October

Written by Gary North on November 21, 2013

The CPI, or consumer price index, fell 0.1% in October. But the Median CPI is a more reliable guide. It fluctuates less than the CPI. It provides a better picture of consumer price changes. What matters is the trend. The numbers are disputed by a handful of analysts, who say that prices are rising. But […]

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Panhandlers of Inflation

Posted on October 31, 2013

By Richard Ebeling On October 27th, The “New York Times” featured an article on, “In Fed and Out, Many Think Inflation Helps.” It quoted Costco’s chief financial officer as saying, “I’ve always said that a little inflation is good.” Charles Evans, president of the Chicago Federal Reserve Bank, said in a recent speech that, “inflation […]

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Jimmy Carter’s Greatest Speech

Posted on October 24, 2013

President Jimmy Carter, November 1978 Good evening. On Tuesday, we Americans will have the opportunity to exercise our role as citizens in a free democracy. Yet, only a third of the eligible voters will actually cast ballots. The other two-thirds are, in a sense, very lucky. Because they do not know what’s going on. Last […]

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Conterfeiting: A Federal Monopoly

Written by John Odermatt on October 18, 2013

One sure-fire way to end up being charged with a felony is by competing with a monopoly that is run by the State.  Crimes against the State are always pursued aggressively and punished to the highest letter of the law. Creating copies of the only approved fiat currency ranks at the top of the list. […]

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