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Markus H. Schiml

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Markus H. Schiml is a PhD student at the University of Bayreuth, where he founded the Ludwig von Mises Forum. He is also a leading lecturer at the Institute of Educational Economics campus.

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The Insolvency of the Fed

The FedMoney and BanksGold StandardMonetary Theory

02/05/2009Mises Daily Articles
Only two things can save the Fed at this point. One is a bailout by the federal government. This recapitalization could be financed by taxes or by monetizing government debt in another blow to the value of the currency.
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