How Easy Money Fueled the FTX Crypto Collapse
Many investors forget that when the easy money is flowing, financial mediocrities and even outright frauds can be made to look like legitimate geniuses.
Many investors forget that when the easy money is flowing, financial mediocrities and even outright frauds can be made to look like legitimate geniuses.
All of the excess of unproductive debt issued during the period of complacency will exacerbate the problem in 2023 and 2024.
Cheap money in the last decade has meant good times for companies that barely make money and hire employees who barely work. But those times are now ending.
One might assume that new rounds of monetary stimulus will bring new peaks in housing construction, reversing the ongoing housing shortage. That hasn't happened.
Ours is an age of the progressive expert who nearly always is wrong but still is embraced by progressive politicians, the media, and academe.
As the economy moves into recession, we should understand how we got there and what is needed to bring about a quick and lasting recovery.
The Federal Reserve has not only mismanaged the US economy; even its own "portfolio" is underwater.
The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.
Jeff and Bob record a special Thanksgiving on what it really takes to fix the US economy.
Historians praise the US entry into World War I because it enabled an Allied victory. But it also led to the economic disasters of the 1920s and ’30s.
The Fed's predictable response to inflation is based on erroneous economic thinking common with Keynesians. Only a free-market approach can reduce inflation and restore true market interest rates.
Ryan and Tho look at conman Sam Bankman-Fried, the scam of FTX, and how regime legitimacy fuels fraudulent companies with unprofitable business practices.
Ryan and Zachary examine Russia's strength, the US's blank check, and the prospects of World War III
One place a price system manifests itself is the sports betting markets. The results are surprisingly accurate.
The author recalls the 1922 peace dollar his grandfather gave him sixty years ago. Real money.
Lutheran theologian Reinhold Niebuhr attracted numerous followers in postwar America in part because of his attacks on the free market. Perhaps he should have read Mises.
Historian Jon Meacham urges Joe Biden to be a "transformational" president in the way of FDR, but he forgets that Roosevelt put the "Great" in "Great Depression."
The common view of inflation is that it is defined as a general increase in prices. Actually, inflation is expansion of the money supply that results in price increases.
This year’s midterm disappointment for Americans hoping the lunacy of the left would undermine the Democrat Party highlights that the very real problems we face will not fall under their own weight. Anti-human progressivism continues to rise, no matter how visually absurd it manifests itself.
Governments, billionaire elites, and NGOs have a "wonderful" plan for the rest of us called the Great Reset. They need to read Mises to know their plans are madness.