Includes an introduction by Tho Bishop. Recorded in Tampa, Florida, on February 17, 2024.
Special thanks to Liberty Villages and the Shrader family for sponsoring this event.
Tags: Featured,newsletter
Home › 6b) Austrian Economics › 6b.) Mises.org › Hyperinflation and the Destruction of Human Personality
Published on February 19, 2024
Includes an introduction by Tho Bishop. Recorded in Tampa, Florida, on February 17, 2024.
Special thanks to Liberty Villages and the Shrader family for sponsoring this event.
2024-01-30
When the economy goes into a recession, most economic commentators believe that the government and the central bank should take steps to counter the rise in unemployment. Some economists believe that lowering unemployment can be achieved without any cost, given that the unemployed workers are idle. According to Paul Krugman, “If you put 100,000 Americans to work right now digging ditches, it is not as if you are taking those 100,000 workers away from other good things they might be doing. You are putting them to work when they would have been doing nothing.”
But how will such a policy be funded? Who pays the unemployed for digging ditches? It seems that Krugman believes that funding can be easily generated by the central bank via money printing.
Now, funding is not about money as such but
Permanent link to this article: https://snbchf.com/2024/02/t-salerno-hyperinflation-destruction-human-personality/
Donate to SNBCHF.com Via Paypal or Bitcoin To Help Keep the Site Running
Please consider making a small donation to Snbchf.com. Thanks
26 Jul 2024
26 Jul 2024
26 Jul 2024
26 Jul 2024
26 Jul 2024
26 Jul 2024
26 Jul 2024
25 Jul 2024
25 Jul 2024
25 Jul 2024
25 Jul 2024
25 Jul 2024
25 Jul 2024
25 Jul 2024
25 Jul 2024
25 Jul 2024
24 Jul 2024
24 Jul 2024
24 Jul 2024
24 Jul 2024
© 2024 snbchf.com.
Powered by WordPress and the Graphene Theme.