Interesting facts on inflation

Let’s talk about inflation. It affects everyone, but it’s not always well understood. There are also some interesting points to make. What causes inflation? Milton Friedman said, “inflation is always and everywhere a monetary phenomenon.” In other words, inflation occurs when too much money is created relative to the supply of goods and services. This … Continue reading Interesting facts on inflation

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Does Fair Trade make sense?

Does Fair Trade make sense? I don’t mean fair trade, as in “I’m in favor of free trade as long as it’s fair trade.” If you want my general views on free trade, see this post. I mean Fair Trade, as in the Fair Trade labeled coffee you see in your supermarket. Fair Trade goods … Continue reading Does Fair Trade make sense?