Elizabeth Warren blames lack of regulation for the latest banking crisis. But she believes that the easy money regime that is really causing the crisis is perfectly fine.
We are all poorer, even if headline price inflation is slightly lower. Slowing CPI growth does not mean lower prices, just a slower pace of destruction of the purchasing power of money.
The Ralph Raico Memorial Commencement Lecture.
Recorded at the 2023 Austrian Economics Research Conference hosted at the Mises Institute in Auburn, Alabama, March 16–18, 2023.
