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Apoplithorismosphobia (Fear of Deflation) | Mark Thornton

Lecture presented by Mark Thornton at the Ludwig von Mises Institute’s “Austrian Economics Workshop.”Recorded at the Mises Institute in Auburn, Alabama on June 29, 2004. Official website of the Ludwig von Mises Institute: DISCLAIMER The Ludwig von Mises Institute has given permission under the Creative Commons license that this audio presentation can be publicly reposted as long as credit is given to the Mises Institute and other guidelines are followed. More info at: This YouTube channel is in no way endorsed by or affiliated with the Ludwig von Mises Institute, any of its lecturers or staff [...]

Deflation – Why it’s Less Scary Than You Think (A Response)

A response to PajHolden @ Keynesianism is so ridiculous. [...]

The dangers of deflation, or why Ron Paul and the Austrians are wrong

Long story short: Though a desire for deflation, and a fear of inflation, may have some plausibility at face value, when examined from the perspective of the economy as a whole (and I scarcely doubt that anyone thinks this isn’t what policymakers should be concerned most about), a categorical fear of inflation, and a desire for deflation, aka “a strong dollar,” is entirely wrong-headed. Austrians, including Peter Schiff and Robert P. Murphy, have fallen for this intuitive trap. A sudden drop in prices in the economy will cause sudden, needless unemployment and an idling of scarce resources which have alternative [...]

Lauren Lyster Teaches Economic Illiterate Peter Schiff Word Of The Day – ‘Deflation’

Lauren Lyster does Peter Schiff a big favor and educates him on what deflation is and how it affects the economy. Hopefully, he passes this 1st 8th grade level learning session so that when he goes on TV, he doesn’t embarrass himself any [...]

Answering the Gold Scam and the Great Hyperinflation Hoax

Answering the Defenders of Peter Schiff, Austrain Economics and great hyperinflation hoax Bernard Baruch — his paramount role in 20th century American woes. This is the J eff R ense broadcast of Feb 21 2007 Jeff interviews Dick Eastman on the power of Bernard Baruch over Woodrow Wilson, Winston Churchill, Franklin Roosevelt, and Eisenhower , discussing his hand in both world wars and the great depression, the New Deal economy and the Cold War. An understanding of B aruch ‘ s power and influence in the 20th Century is to know the influence of Jewish money power in every [...]