Podcast
Banks Create Money out of Thin Air. What Could Possibly Go Wrong?
How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.
Is the Banking Crisis Being Orchestrated?
With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident.
Misreading Mill
Patrick Deneen writes that the nonaggression principle promotes a liberalism that is harmful to society, as evidenced by John Stuart Mill's idea of the tyranny of public opinion.
The G7 in Hiroshima: The Latest Attempt to Impose a Unipolar World
It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.
The Argentinian Zombie Currency
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.
Myth #6: There Is a Tradeoff between Unemployment and Inflation
Ideologues seldom give way to the facts.
Wall Street to the Fed: Inflation Is Over. Give Us More Easy Money!
The problem here not that the central bank is "setting" the "wrong" interest rate. The problem is the Fed has long been relentlessly forcing down interest rates to satisfy various politically determined "needs."
Two More Elephants in Your Electric Vehicle
On this week's episode, Mark summarizes some problems with taxpayer-subsidized EVs.
Call Rent Control What It Really Is: Theft
Rent control is all the rage with progressives, with several states and localities trying to impose it. However, when people have their property effectively—and legally—stolen, there are long-term consequences.