Mises Daily

How Money Production Can Worsen Income Inequality

Mises DailyFebruary 28, 2015
Money creation does not benefit equally. It creates a class of winners (those who get new money first) at the expense of losers (those who get new money later). Not surprisingly, an inflationary money supply increases the wealth and income gap in society.

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Senate Republicans Bungle Their Interrogation of Janet Yellen

Mises DailyFebruary 27, 2015
Janet Yellen testified before Congress this week, but the Senate Republicans, who claim to be the guardians of monetary sanity, failed to show any true understanding of monetary policy and the damage the Fed has inflicted.

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