Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Crack-Up Booming

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Credit expansion, AKA more and more debt, into von Mises Crack-Up-Boom would bring Stagflation at best, and Hyperinflation at worst in the not too distant future

[edit] Today’s better than expected Payrolls number is just a number. Real? Cooked up? To be revised? Whatever it is, it is in alignment with the article below, written before the data release. It’s a boom, after all!

At more than $36 trillion and due to be pushed toward $40 trillion by the big, beautiful debt bill, the United States is booming baby, booming! Great again, beautiful and will you look at those stock markets, ticking new highs!

Illustration of Ludwig von Mises, an economist known for advocating laissez-faire economics and the Austrian Business Cycle Theory.

Easy now, a Crack-Up-Boom is when credit (along with its evil twin, debt) runs amok. As a whole, our system creates credit and shoves it out into the economy. See The U.S. is Not a Capitalist Country for more on our debt-for-growth addiction in the age of Inflation onDemand, kicked off by Sir Alan the Monetary a quarter century ago.

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