On the Digital Future of Markets and Money
Digitization will undoubtedly bring great improvements and new opportunities for peoples’ lives. But digitization also has a downside.
Digitization will undoubtedly bring great improvements and new opportunities for peoples’ lives. But digitization also has a downside.
Economic growth is not something that just happens. It requires saving. It requires investment and capital accumulation. And it requires the real market process.
While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement.
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.
The latest Keynesian money-printing and spending schemes are blowing up. It is time to hear what the Austrians have to say.
While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy.
Typical economic commentary claims that deflation is a Very Bad Thing. Think again.
The Fed's reckless behavior has undermined Netflix more than the losses at CNN+.
It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.