The amount of commercial real estate loans coming due in 2024 has jumped to $929 billion according to the Mortgage Bankers Association. Previously the amount had been estimated to be $659 billion, with the 40% increase “attributed to loan extensions and other delays rather than new transactions,” according to Bloomberg’s John Gittelesohn.
In Freedom and the Law, Bruno Leoni argues that the main threat to liberty comes not from overweening officials but from the law that empowers them.
Prices will always increase, some small banks will fail, and the Fed was asleep at the switch when the run on Silicon Valley Bank occurred. Fed chair Jerome Powell admitted those three things in response to Scott Pelley’s questions on 60 Minutes.
The new year started out on a painful note for autoworkers building electric vehicles (EVs). In the last month, thousands of workers have been laid off from General Motors (GM) and Ford plants in Michigan.
[This article was originally published on LewRockwell.com in 2003.]
If gold is to be re-monetized, then this must mean that it has been de-monetized. But isn’t gold money?
The upcoming ZeroHedge Debate—”The Fate Of The US Dollar”—featuring Bob Murphy and Jim Rickards versus Michael Every and Brent Johnson, and moderated by Adam Taggart, will be streamed concurrently on the Mises YouTube Channel on Tuesday (February 13) at 6:00 p.m. CST.
According to behavioral economics (BE), emotions play an important role in an individual’s decision-making process. For example, if consumers become more optimistic regarding the future, then this is going to send a message to businesses regarding investment decisions. According to BE followers, whether consumers are generally patient or impatient determines whether or not they are inclined to spend or save today.
