Banking Stress? What Banking Stress?
Federal Reserve Chairman Jerome Powell and his open market committee left the only interest rate they control unchanged on November 1st.
Federal Reserve Chairman Jerome Powell and his open market committee left the only interest rate they control unchanged on November 1st.
Washington never sleeps when it comes to declaring new overseas enemies to destroy. The new “axis of evil” now consists of Russia, Iran, and China.
As this author previously has noted, the ideology of statism is responsible for much of the violence that plagues the world. We see this played out in Israel's aggressive retaliatory attacks in Gaza in response to the October 7 killings by Hamas.
The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control.
The worrying fact is that this rise in consumption comes mostly from higher debt, as United States consumers are borrowing heavily to spend. Americans are living on borrowed time as real salaries remain in negative territory in the past five years and inflation eats savings away.
It’s important to remember these pre-crisis days, where the Fed sounds like they’re doing a great job to steer the economy, and wher
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.
Let’s do everything we can to support the great Tom DiLorenzo as he leads the Mises Institute in the years ahead!
Jesús Huerta de Soto reviews Murray Rothbard's A History of Money and Banking in the United States: The Colonial Era to World War II.
While Israel receives praise for being a "democracy" in the undemocratic Middle East, its surveillance policies mirror those of China, which is decidedly not democratic.