Ending the Monetary Fiasco — Returning to Sound Money
Government controlled fiat money is and will always be, by construction, fraudulent money.
Government controlled fiat money is and will always be, by construction, fraudulent money.
The German hyperinflation was the result of a policy that considered the financing of government debt by an accelerating increase in the money stoc
Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression
Former Federal Reserve Chairman Alan Greenspan tried to exonerate himself from the housing boom and bust. Even though more and more analysts are realizing that Greenspan’s low interest rates fueled the bubble, the ex-maestro himself uses statistics to defend his record.
Since the heart of credit is real savings, it is obvious that no government schemes, such as cleansing banks' balance sheets, can increase fully backed credit.
A full-blown bailout of the banks responsible for making bad loans will only further an economic system of private profits and socialized losses.
The 2009 Ludwig von Mises Memorial Lecture presented by Thorsten Polleit.
Jörg Guido Hülsmann, professor of economics at the University of Angers in France, discusses his recent book, “The Ethics of Money Production
Studying Jörg Guido Hülsmann’s latest book, The Ethics of Money Production, is a vastly enriching experience.