Tag Archives: Inflation

There are more subtle ways for banks, nations to erode savers’ accounts

Many have been outraged, and justifiably, of the European Union and the busted nation of Cyprus’ efforts to tax the bank deposits, guaranteed or not, of Cyprus banks’ depositors. As columnist Thomas Sowell notes: “The economic repercussions of having people … Read More

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More inflation at this time may be beneficial to the economy

Most Americans including politicians, media pundits, conservative economists and policy makers are averse to inflation (increase in prices).  In general this attitude makes sense.  In fact, in 1970 public opinion considered inflation as the greatest threat to the economy, and … Read More

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