Why a “Dollar” Should Only Be a Name for a Unit of Gold
No one prints dollars on the purely free market because there are, in fact, no dollars; there are only commodities, such as wheat, cars, and gold.
No one prints dollars on the purely free market because there are, in fact, no dollars; there are only commodities, such as wheat, cars, and gold.
Our monetary system encourages debt and punishes saving. It also benefits those who already have money at the expense of those who do not.
The UK's exit from the EU cannot and will not, in itself, trigger malinvestments and their subsequent inevitable liquidation through a bust.
Our monetary system favors those who are already-wealthy at the expense of those who are only beginning the wealth-building process.
James Grant has shown us how the only sure cure for depression is deflation and liquidation of overblown resource and asset prices.
New translations of articles from mises.org.
Following his article last week on ABCT and the Great Depression, Jonathan Newman, along with Joseph Salerno, joins the Tom Woods Show.
Let us see how close this venture capitalist comes to putting a $3 trillion price tag on Amazon at its all-time high price.
Legendary investor Bill Gross calls on the Fed to bring on Milton Friedman's "helicopter money."