Money and Banking

Mises Daily Thursday by Jörg Guido Hülsmann:

Our global system of fiat moneys favors spenders and borrowers over savers. Low- and moderate-income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century.

It’s hard to walk away from Brendan Brown’s most recent book without a feeling of deep disappointment in modern day central banks. T

Mises Daily Monday by Peter St. Onge: 

In case you missed it, be sure and check out the October issue of The Free Market, now o

Eighty years ago, Mises’s The Theory of Money and Credit first appeared in English.

Eighty years ago, Mises's The Theory of Money and Credit first appeared in English. It remains one of the most important books on money and inflation penned in the twentieth century, and it still offers the clearest analysis and understanding of booms and busts, inflations and depressions.

The Fed has ended Quantitative Easing.  But this does not mean the era of easy money is over. In fact, the data shows that the Fed's policies will continue to ensure that malinvestments, instability, bust, and economic displacement will continue. 

Dr.