Why the Fed Is Bankrupt and Why That Means More Inflation
The Fed is insolvent, and that means that it will bail itself out by printing money. For ordinary people, that means inflation and a rising cost of living. Original Article: "Why the Fed Is Bankrupt and Why That Means More Inflation" This Audio
Why the End of the Petrodollar Spells Trouble for the US Regime
On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it
The End of Monetary Hedonism
Does cheap money and credit make us richer? Does more money and credit create more stuff, or better stuff? Do they make us happier and more productive? Or do these twin forces actually distort the economy, misallocate resources, and degrade
Empty Malls and Shopping Centers: How Government Fuels Malinvestments
If you live in the United States, you are most likely familiar with empty storefronts, especially in malls. Once-great shopping centers are now suffering vacancies and a lack of patrons. To the readers of mises.org, it should not be surprising
Dr. Samuel Gregg: Our Founding Fathers Designed An Entrepreneurial Republic. Can We Keep It?
Entrepreneurship is by no means exclusively American. But this country has led the way in unleashing, encouraging and elevating entrepreneurship as the creative and virtuous pathway to the creation of new value for all. As a republic, we’ve established the
How Can We Restore Freedom and Sound Money in the US and the UK? Some Ideas
It is no secret that freedom, both socially and economically, are disappearing in the USA and Great Britain. The consequences will be most severe if we do not reverse these patterns. Original Article: "How Can We Restore Freedom and Sound Money in
Water, water, nowhere?
Growing up on the east coast, and now living in the mid-west, water quantity has never been an issue for me or my work (water quality is an issue, but quantity, less so). APPARENTLY* water quantity is an issue in
Fighting Inflation Really Means Fighting the Federal Reserve
There are surely other worlds than this—other thoughts than the thoughts of the multitude—other speculations than the speculations of the sophist. —Edgar Allan Poe, “The Assignation” Nothing brings out misleading or false narratives like the subject of money. Prices over the last twenty-five
The Rise and Fall of Good Money: A Tale of the Market and the State
Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story. Original Article: "The Rise and Fall of Good Money: A Tale of the Market
How Fast Should the Money Supply Grow?
Some economists have suggested that inflation results when the money supply expands faster than the rate at which goods and services are produced. They correctly point out that this expansion of the money supply will generally lead to rising prices.