Mises Daily

What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide.”

At the heart of fascism lies state control of the economy. Mises found this in Nazism, and, it is prevalent in America today.

The state exploits the uncertainty in the population about the true reasons for the growing gap in income and asset distribution.

“If you say the goal of the Fed was to prevent calamities, then you have to say that it has been a failure.”

Nearly all of us passed through a limited-government — or “minarchist” — period, and it simply never occurred to us to examine our premises closely.

This variety of Cannabis sativa has a low or undetectable concentration of THC and does not produce a “high” or have any known medical uses.

Voltaire once said, “Paper money eventually returns to its intrinsic value — zero.”

Nafta is a big business trade deal. It is part of a long campaign to integrate and cartelize government in order to entrench the interventionist mixed economy.

Venezuela illustrates Mises’s argument that economic intervention, if unchecked, leads to socialism.
 

Somewhere around 1980, debt began climbing far faster than GDP. It is simply not possible to grow your debts faster than your income forever.