These are the CASSE blog articles on inflation.


Putin the Practical Wants Ukraine Grain

by Brian Czech

Pundits, think tanks, and politicians are asking, “What does Putin want with Ukraine?” If you’re familiar with Ukraine’s flag—especially the bottom half—you’re halfway to the answer.

But let’s start with the conventional wisdom. Yes, Putin wants to pressure the West into preventing Ukraine from joining NATO, thereby keeping the alliance off Russia’s doorstep. Russia’s natural gas transmission to Europe would be a lot more profitable if they didn’t have to pipe the gas through tariff-charging Ukraine,


“Be Very Alarmed!” Introducing the Global GDP Meter

by Brian Czech

Backed by an ominous sound clip and a rapidly churning GDP meter that comes out of nowhere, “Be alarmed… Be very alarmed!” are the opening phrases at CASSE’s new landing page. You’ll see what we mean shortly; please allow us an introduction to describe this new approach.

The landing page is actually a 30-second animation prefacing our “regular” website. It is designed to be three things:

  • Alarming
  • Crystal clear
  • Distinctive and memorable
Why Sound the Alarm?

Where Does Inflation Hide?

By Herman Daly

The talking heads in the media explain the recent fall in the stock market as follows: A fall in unemployment leads to a tight labor market and the prospect of wage increases; wage increase leads to threat of inflation; which leads the Fed to likely raise interest rates; which would lead to less borrowing, and to less investment in stocks, and consequently to an expected fall in stock prices.


What is Wrong with a Zero Interest Rate?

by Herman Daly

The stock market took a dip, so the Fed will likely continue to keep the interest rate at zero, in conformity with its goal of supporting asset prices by quantitative easing. What is wrong with a zero interest rate? Doesn’t it boost investment, growth, and employment?

There are many things wrong with a zero interest rate. Remember that the interest rate is a price paid to savers by borrowing investors.