Fast Rope

The truth will out.

“Crypto-Mania” and the Unsound Money Regime

by Brendan Brown via Previous sustained surges in consumer prices – otherwise described as big levies of inflation taxation – have brought in their wake episodes of monetary normalization. These have usually featured a “return to gold” or at least to monetary rules associated with the gold standard. The 2021-2 surge will likely prove […]

The Fed’s Inflation Is behind the Supply Chain Mess

by Ryan McMaken via Mises Institute It seems supporters of the Biden administration finally settled on a narrative they like for explaining away supply chain shortages. Here’s the administration’s talking point: the US economy is rolling along so well that Americans are demanding huge amounts of goods. That’s overwhelming the supply chain and causing the […]

Is the IMF Starting to Worry about Inflation?

The International Monetary Fund (IMF) has an updated forecast on inflation. Not surprisingly, their October 2021 forecast claims that there is only a 10 percent probability of inflation remaining above 3.4 percent by the end of 2021. Although they are sticking to the transitory inflation narrative, it certainly looks like inflation is on their radar […]

The Biggest Federal Reserve Scandal

by Ron Paul via Ron Paul Institute september 27, 2021 Following revelations that Federal Reserve officials made trades in financial assets while the Fed was taking extraordinary efforts to “stimulate” the economy, Federal Reserve Chairman Jerome Powell ordered a review of the Fed’s ethics rules. While these trades appear problematic, they pale in comparison to […]