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3232Milton Friedman on Inflation: A Government-Made Disaster
https://www.digit.info/milton-friedman-on-inflation-a-government-made-disaster/
Sat, 17 Aug 2024 21:46:10 +0000https://www.digit.info/milton-friedman-on-inflation-a-government-made-disaster/Read more]]>Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Milton Friedman, a leading figure in economics, repeatedly emphasized that inflation […]
]]>Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
https://www.digit.info/yellen-says-us-not-willing-to-allow-contagious-bank-runs-calls-opec-oil-production-cut-unconstructive/
Wed, 05 Apr 2023 23:30:54 +0000https://www.digit.info/2023/04/05/yellen-says-us-not-willing-to-allow-contagious-bank-runs-calls-opec-oil-production-cut-unconstructive/Read more]]>Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely monitoring the banking industry. Yellen insisted that “matters […]