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inflation without government

Government inflation

I have written about inflation before but I think it is more important than ever to revisit the topic as consumer and retail prices continue to rise at rates not seen since the 1970s, major workers’ strikes continue to afflict and disrupt the U.K. economy. It was economist Milton Friedman who once said that inflation is always a monetary phenomenon so with that in mind… Read More »Government inflation

Pile of Assorted Coins

Understanding Money

Money is a subject that is on everybody’s mind and the most obvious reason for that is because the great majority of people almost always do not have enough of it. Today though, we are going to look at what money really is and how money evolved through time and in society, and the functions that money should have. My hope here is not help… Read More »Understanding Money