When a central bank devalues a currency, it is often said that the devaluation will help exporters, and thus the whole country, as a result. But this simplistic analysis ignores the many downsides of inflating the currency.
Today's Mises Daily: Many people think of their investments and their money in the bank as their savings, but savings and money are not the same thing. Nor will creating more money create more savings.
Discussed by Michael Oliver on Jay Taylor Radio.
The banking system in the United States today functions largely as a spy agency for the federal government.
Has the Mises Institute been taken over by huge corporations?
Robert Higgs recently published "Two Ideological Ships Passing in the Night" in the Jan 2015 issue of Econ Journal Watch.
For as long as political and ideological movements have sought to engage large followings, they have embraced slogans and catch phrases that give pithy expression to their views, aversions, and objectives.
Mark Thornton explains to the Daily Caller what the ECB (and the Fed) are up to.
