Mises Wire

Anyone who doubts whether we are in a recession can stop doubting. The Fed's reverse repos show that we're headed for a crash.

Inflation in Argentina is far worse than neighboring countries. It has only one cause: an extractive and confiscatory monetary policy—printing pesos without control and without demand.

Forget Jerome Powell's fanciful "soft landing" or the notion that the Fed can pull another rabbit from its hat. The banking system is headed for a crash and monetary authorities likely will make things worse.

African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.

In the wake of mass shootings, progressives claim that draconian gun laws will stop these tragic events. However, the gun control record in places like Jamaica provides contrary evidence.

Americans are looking at a grim energy future, thanks to government.

The Biden administration, stung by low poll numbers, insists that the president is receiving unfair PR, which is hiding the "truth" about Biden's many accomplishments.

When asked to quantify how a 75-point hike is better than a 50-point one, Powell had no answer. And will it work? Powell could only say "we'll know when we get there."

By late 2021, fueled by trillions in newly printed money, gasoline prices had surged to ten-year highs. Now, even in inflation-adjusted terms, gasoline prices are surging to new highs. 

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.