Ships aren’t cheap to purchase. But when financing is abnormally cheap and expectations of future business are rosy, it stands to reason that shipping companies would put in a raft of orders.
Thanks to government loans, the price of college has skyrocketed in recent years because student loans mean colleges can raise their prices without driving away otherwise-price-sensitive students. Only a fraction of the hefty price hikes go toward classroom instruction or core educational...
Implicit in Trump's economic statements is Mill's (and the Austrians') central message that there is no need to ever worry about the level of consumption, because it will always naturally adapt itself to the level of production.
Given the monetary dark arts being practiced around the world, I would much prefer my money in the hands of Gringotts goblin, than at the mercy of our Federal Reserve Chairman Who-Must-Not-Be-Named.