Posts with Keyword “inflation”

Cover for post Housing Bubble Reflects a Weakness in the Chinese System
27 Oct 2021
Housing Bubble Reflects a Weakness in the Chinese System
Lack of checks and balances in the Chinese system makes course correction more difficult, which led to today's housing bubble. Fortunately, China has an opportunity to deflate the bubble, but the rule of law must be implemented for long-term stability.
Cover for post The Road to Hell Is Paved with Good Intensions: Progressive Social Programs Can Spell the End of USD Hegemony
18 Feb 2021
The Road to Hell Is Paved with Good Intensions: Progressive Social Programs Can Spell the End of USD Hegemony
Money-printing to fund social programs can be worse for the hegemonic status of USD than money-printing to inflate asset bubbles and to fund foreign wars.