The current job market strength partly reflects the ongoing monetary overhang from years of breakneck growth in money-supply inflation. The $6 trillion in money that was newly created since 2020 is still very much a factor.
Any realistic review of the Federal Reserve’s MBS experiment would conclude that the Fed should stop buying mortgages.
It would be instructive to see how many banks would survive if the massive governmental props were finally taken away.
If you watched the Fed Chair Jerome Powell testify before the Senate and the House this month you heard over and over that banks are well capitalized. The non-sequitur inspiring the Shakespearean quote “Methinks you protest too much.”
Only the unhampered capitalist economy allows full and unfettered charity to flourish in society. Dr. Hülsmann’s new book makes the case for private property, sound money, and private charity as the building blocks for a healthy society.
Because of inflation and a lack of a savings ethic, Americans are less prepared for retirement than ever. The numbers are discouraging.
Those adhering to Austrian Economic thinking see the beauty in concepts coming together and providing a way to truthfully assess human action.
Advocates for more military spending tell us the taxpayer must pay to expand the US's nuclear arsenal. Because of China. In truth, the US's arsenal is in no danger of not "keeping up."
How do people in a pluralistic society live peacefully with each other? In his review of Kenneth McIntyre's book, David Gordon points to negative liberty as the best way to preserve values.
