Mises Daily

There is no doubt that bitcoin is a spontaneous answer to the monetary instability that we see all around us today.

The first lesson to be learned is not to trust pronouncements about the safety of banks.

The role of the algorithm is to ensure a declining progression of the overall stock of bitcoins, by halving the reward every four years.

The crash was said to prove how destructive “unregulated capitalism” could be and how dangerous its supporters were.

The breakdown of sound money has now finally generated a cruel endgame.

What sanction, in morals, does the State adduce for the taking of property?

In effect, the government’s not taking is alleged to be giving. Its not taxing is alleged to be spending.

A subset of the end-the-Fed crowd opposes the Fed for peripheral or entirely wrongheaded reasons.

A few more banking crises will likely cause confidence in the fractional-reserve banking system to evaporate.

Henniger writes, "No president has believed more in the miracle of the multiplier than Barack Obama."