Inflation: It’s a Wealth Redistribution Scheme
When new money is made, it helps those who get the new money first (usually the wealthy) — at the expense of those who get it later (the poor).
Money and Banking
Displaying 761 - 770 of 2004
Does the UK Need Even More Stimulus?
Government is not a wealth-creating entity, and more stimulus will not help the economy. In fact, more stimulus will hurt the wealth creation process.
Should We Be Concerned About the Fall in Money Velocity?
A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts.
Today in 1971: President Nixon Closes the Gold Window
45 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window.
Will the Bubble Pop Even if the Fed Never Raises Rates?
In today's slow growth economy, business decision makers are understandably cautious because historically monetary tightening has been a fatal blow.
Deflation Is Always Good for the Economy
The major threat to any economy is not deflation, but the policies used to count it.
BoE Cuts Interest Rates and a New Round of QE, Godfrey Bloom Responds
The Bank of England announced historic new lows for interest rates, and a new round of QE.
A New, Easy-to-Read Explanation of Mises’s Human Action
Robert Murphy's Choice: Cooperation, Enterprise, and Human Action can serve as a companion to reading Mises's rather imposing Human Action.
The Week in Review: July 30, 2016
Mises University is wrapping up its 30th year here at the Mises Institute campus.
