NoRuler.net

No Government, No Force

Tag: Stimulus

Refuting “Economic Suicide”

Tuesday, September 1, 2009 Refuting “Economic Suicide” Inflation is always and everywhere a monetary phenomenon. These are the words of Milton Friedman in A Monetary History of the United States. The meaning of those words is that no matter what, inflation is a function of the amount of money available. Inflation occurs when more money […]

To All My Valued Employees

To All My Valued Employees, There have been some rumblings around the office about the future of this company and, more specifically, your job. As you know, the economy has changed  for the worse and presents many challenges. However, the good news is this: The economy doesn’t pose a threat to your job. What does […]

Federal Reserve Change

at Yahoo! Answers: Question in regards to the Federal Reserve? The Federal Reserve was established in 1913 and is, therefore, a creature of Congress. The President of the United States nominates members of the Board of Governors of the Federal Reserve, subject to confirmation by the Senate. However, the Federal Reserve is basically free to […]

Dollar down, not prices up!

Prices have not gone up, the value of the dollar keeps falling! e.g. by indexing gasoline prices for inflation, the price today should be $6.52, not about $3.50!. For more examples, see my post entitled Inflation. Thanks to free enterprise, gasoline and almost everything else is a bargain — it is the dollar which has […]

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