Why the Fed Isn’t Really Independent
Bob analyzes the myth of Federal Reserve independence, exposing its political nature and long history of serving power.
Bob analyzes the myth of Federal Reserve independence, exposing its political nature and long history of serving power.
Peter Klein joins to discuss the Mises Institute's new book, Hayek for the 21st Century—exploring knowledge, competition, money, and why freedom beats central planning every time.
Joseph Salerno reviews Banking and Monetary Policy from the Perspective of Austrian Economics. Covering topics ranging from inflation targeting to cryptocurrency, this collection is indispensable reading for anyone interested in the Austrian monetary thought.
Rothbard argued that the Fed stripped away the natural checks of free banking, paving the way for endless credit expansion and inflationary cycles.
Bob breaks down the mechanics behind how commercial banks create money out of thin air—and why that power fuels economic booms and busts.
David Howden reveals how banking, especially fractional reserves and central bank manipulations, creates instability and inflation.
Dr. Sandy Klein walks through the origins and essential functions of money, showing how barter’s pitfalls led to the spontaneous emergence of money as a medium of exchange.
The origination of money is a ground shaking, mind altering realization of how the world works.
Governments have so corrupted money that we forget that sound money, by providing both fungibility and privacy, has been a defense against overreaching governments. While sound money is in the interests of citizens, governments have managed to destroy it.
Governments have so corrupted money that we forget that sound money, by providing both fungibility and privacy, has been a defense against overreaching governments. While sound money is in the interests of citizens, governments have managed to destroy it.