Saving money to fund a retirement, that is. We’ve been seeing this idea floating around a lot lately. Whether the purported reason is to “force people to save” or (more likely) to give the government access to all that money … Continue reading
Minimum wage laws are back in the news and the people who like higher minimum wages are lining up studies and papers to support them. But you have to be careful. As Don Boudreaux points out: “Empirical researchers who claim … Continue reading
How about we bail ourselves out before we go promising bailouts to other countries? … Continue reading
The New York Times says quantitative easing has failed. The Federal Reserve’s experimental effort to spur a recovery by purchasing vast quantities of federal debt has pumped up the stock market, reduced the cost of American exports and allowed companies … Continue reading
The Texas University Endowment is storing $1 Billion in gold bars. Gold bullion is a hedge against inflation. If you didn’t think inflation was about to be a problem, gold would be the worst thing to put your money in … Continue reading
Consumer prices — or the consumer price index — rose 0.5% in February, the most since mid-2009, largely because of surging food and gasoline prices the Federal Reserve’s quantitative easing is devaluing the Dollar like crazy. Core inflation, which excludes … Continue reading
“How dare you try to undermine the value of our currency. That’s our job!” … Continue reading