Recorded in Tampa, Florida, on February 17, 2024.
Special thanks to Liberty Villages and the Shrader family for sponsoring this event.
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Home › 6b) Austrian Economics › 6b.) Mises.org › Who Benefits from Inflation?
Published on February 19, 2024
Recorded in Tampa, Florida, on February 17, 2024.
Special thanks to Liberty Villages and the Shrader family for sponsoring this event.
2023-11-28
Citing national security concerns, Arkansas ordered Chinese company Syngenta to sell off the 160 acres of farmland it owns in the state. The national security concerns are, as will be demonstrated, bogus; however, there may be more crony motivations for this order as well.
An article of mine published in July 2023 by the Libertarian Institute addresses these national security concerns. Walter Block also recently published a piece examining the issue. As it turns out, China owns hardly any farmland in the United States, composing 0.03 percent of total farmland “privately” owned in the US.
Additionally, if China were to use the land for strategic purposes, the US government would not hesitate to seize it. If anything, Chinese land in the US signals a commitment to peace rather than conflict.
2023-11-25
In an October column, Paul Krugman admonished people who are not all in on the Joe Biden economy and declared that we are headed at worst for a “soft landing” in which an economic slowdown—if it happens at all—will be short and shallow. He wrote:
The most important reason for optimism is that an ever-widening range of indicators suggests that the conventional wisdom—that we needed a recession to bring inflation under control—was wrong. Instead, we seem close to returning to the Federal Reserve’s inflation target without paying much of a price at all. (emphasis mine)
Two months earlier, Krugman’s employer, the New York Times, ran a disturbing piece entitled, “America Is Using Up Its Groundwater like There’s No Tomorrow,” in which the Times chronicled how urban and agricultural interests are
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