Mises Daily Articles

A paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the supply is almost irresistible. A drastic reduction of government spending and deficits is not very likely either, given the incentives for politicians in democracies...

Brennan rendered a great service to supporters of a priori economics in the style of Mises and Rothbard, though this is far from his aim.

The dollar is very susceptible to losing its vaunted reserve currency position.

The two largest economic crises in Latin America in the last 60 years occurred after the two largest periods of loose monetary policy by the Fed: 1980 and 2009.