Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts

Saturday, November 5, 2022

Inflation: It's The Republicans Gaslighting Again

"Today, we take a look at the corporate price-gouging and massive profits happening under the cover of widespread inflation, all in the run-up to the midterm elections in which the GOP is running cover for corporations and blaming Democrats for price hikes."

Click on the link below for an in-depth podcast look at the causes of today's inflation (this includes MORE than inflation in indicting the Repugnants: listen to the end, which includes comments from past podcasts):

Pocketbook Pain and Corporate Profits

Wednesday, July 27, 2022

Inflation: What Is It And How To Tame It

"John Oliver discusses what causes inflation, what we’ve done about the current round of it, and, of course, makes the smartest investment of all time."

Click on the link below for a comical but enlightening view of a very serious problem that no one escapes:

Sunday, January 24, 2021

A Science-Based Look At Economics

Economics is known as "The Dismal Science" for many reasons. It is a social science and, thus, there is less consensus of opinion among its experts than in the "Hard" sciences of physics, chemistry, geology, paleontology, archeology, et al (link). While there are many opinions on the economic spectrum, the two philosophies most visible in US economics presently are called Keynesian and Austrian (link):
  • Keynesian: more government involvement (favored by the Democrats)
  • Austrian: less government involvement (favored by the Republicans)
Please note: both of these views do not include extreme right-wing laissez faire capitalism (no limits on private enterprise) or left-wing socialism/communism (total control by the government of the means of production).

Now, which of these simple, basic binary views has been the most successful? I offer the following links that, on balance, seem to be more in support of the Keynesian view. If you disagree, please respond with evidence. Thanks.








Inflation:







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Choose how you look at reality wisely. Yes, it is a binary choice.

Choose how you look at reality wisely. Yes, it is a binary choice.
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SCIENCE JUSTIFIES ITSELF

SCIENCE JUSTIFIES ITSELF
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