five-negative-consequences-of-price-ceilings

Five Negative Consequences of Price Ceilings

No government intervention into a market economy is as certain to do damage as price controls. Market prices make possible the successful, productive coordination of the efforts of countless specialized workers and firms spread around the world. Market prices also coordinate the resulting massive flows of economic outputs with the demands of consumers. Every government-imposed…

fed-must-act-now-to-stop-runaway-inflation

Fed Must Act Now to Stop Runaway Inflation

Reprinted from Inside Sources Price inflation in the United States is getting out of control. Americans are seeing prices rise at the fastest rates in 40 years. Until recently, the Federal Reserve — the agency tasked with ensuring price stability — has been unwilling to address the problem. In recent months, the Fed has finally…

will-us-dollar-be-replaced-with-brics-currencies?

Will US Dollar Be Replaced With BRICS Currencies?

The U.S. dollar is used by nations for international transactions because it is a stable currency that is easily convertible all over the globe and because resources like oil are priced in dollars. However, will the US dollar be replaced with BRICS currencies in the near future? To compete with the US currency, BRICS members demand cross-border…