How Much Did They Print?
The story goes something like: In the last few years, the Federal Reserve printed up to 80% of all bills that were ever in circulation.
Power & Market
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Powell: We Made Mistakes
The formal recession has yet to be declared, and Powell is already offering apologies.
Seditious Conspiracy Is Not a Real Crime
The conviction of Enrique Tarrio for the non-crime of "seditious conspiracy" illustrates how these laws were invented to create a new "thought crime" that gives federal prosecutors vast powers.
Another Week, Another Crisis
With the Austrian Business Cycle playing out right before our very eyes, the only certainty is that not all is well, and that the U.S. banking system is not sound and resilient.
The Most Important Factor in The Economy Is Flashing A Huge Warning Sign
Since money is used in all transactions, including investments in physical goods and financial instruments, the supply of money is extremely import
The Biden Administration Keeps Lying about US Government Defaults
If you have an actual life and important things to do, you probably haven’t been paying attention to the latest debt-ceiling theater now goin
The Fed’s Difficult Position Is Its Own Fault
Look at the Fed as the perpetrator of our economic pain, not the guide out of it.
First Republic Count Down
Sounding almost Rothbardian, Summers said “These are things like forest fires, it is much easier to prevent them than it is to contain them after they start to spread.”
New Must-Read Book Honoring Jesús Huerta de Soto
Attention Austrian school economists and enthusiasts: Philipp Bagus and I are pleased to announce the release of our new two-volume book in honor of Jesús Huerta de Soto!
23,000+ People Work at the Fed
There are about 23,000 people too many, working in the Federal Reserve System.
