The EU Crackup
Political upheaval has hit Finland, and it's merely a foreshadowing of bigger changes ahead.
Political upheaval has hit Finland, and it's merely a foreshadowing of bigger changes ahead.
Mansharamani uses the work of Roger Garrison and other Austrians to great effect. <a href="http://store.mises.org/Boombustology-Spotting-Financial-Bubbles-Before-They-Burst-P10464.aspx">Buy this book in the Mises Store.</a>
Lord Keynes was constantly worried that people were saving too much and consuming too little — thus the need for more and cheaper money to stimulate the economy. Mr. Bernanke is nothing if not a good Keynesian, and his low rates make even the savviest question whether to forgo consumption.
The fake version of history says that without a central bank or its lesser cousin, a national bank, we had nothing but boom, bust, and sorrow — but since the creation of the Federal Reserve System, it's been nothing but sunshine and lollipops. Let us take a look.
A Fed employee argues that inflation is harmless. I argue that it is a rip-off for everyone who uses dollars.
Interviewed by James Puplava on the Financial Sense Newshour, 16 March 2011.
The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled, writes Art Carden.