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John Paul Koning

Works Published inMises Daily Article

John Paul Koning works in the financial industry. He also designs wall charts, available at Financial Graph & Art.

All Works

How the Fed Helped Pay for World War I

The FedWar and Foreign PolicyMonetary TheoryMoney and Banking

02/12/2021Mises Daily Articles
Just as kings debased coins to help pay for their wars, the Fed used inflation to help pay for US participation in World War I. It did so by creating and issuing dollars in return for government debt.
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High-Frequency Trading: Menger vs. Walras

Financial Markets

03/08/2012Mises Daily Articles
While Carl Menger and Léon Walras simultaneously discovered the principle of marginal utility, their ideas about the nature of market prices are very different.
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The Losing Battle to Fix Gold at $35, Part II

Big GovernmentFree MarketsWorld HistoryGold Standard

03/31/2009Mises Daily Articles
Much like the US's decision to save Bretton woods by coercing South African gold sales, today's governments will resort to ever more authoritarian measures rather than allowing their pet institutions to fail.
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The Losing Battle to Fix Gold at $35

Free MarketsGold StandardMoney and BankingPrivate Property

02/18/2009Mises Daily Articles
"Gold's market premium to the official price was no small matter as it questioned the very fundamentals of the planned monetary system."
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The Federal Home Loan Banks to the Rescue!

Financial MarketsFree MarketsInterventionism

11/19/2007Mises Daily Articles
The FHLB is a welfare-state institution to the bone.
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