Mises Daily

Why Is the Fed Punishing My Parents?

Mises DailyMarch 30, 2015
Thanks to the central bank, those who worked hard and "played by the rules" all their lives now face an uncertain future as inflation chips away at their savings and threatens their financial stability.

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Why We Need Deflation and Higher Interest Rates

Mises DailyMarch 28, 2015
Once a recession sets in, markets can only repair themselves if prices — including wages — are allowed to fall where necessary. The resulting increases in real interest rates are the key to spurring new economic activity...

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