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Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen…
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow…
Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government…
Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024—price controls. Her campaign is advocating for what…
On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of…
Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency…
Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which he emphasized as “the vast majority of the problem.” He…
JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy. Dimon pointed to various uncertainties such as geopolitics, housing, and…
Economist Art Laffer, known for his work on supply-side economics, has expressed concerns over the future of the U.S. dollar in a recent interview. Laffer argues that current U.S. economic…
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure.…