Booms and Busts

Displaying 1151 - 1160 of 1783
Dan Sanchez

When interest rates drop, entrepreneurs have no reliable way to tell whether, and to what extent, the drop is caused by (A) true increases in the ongoing flow of investable resources or by (B) what amounts to a temporary series of one-time transfers of wealth into the loan market. With such Fed-imposed blindness to the true data of the market, businesses across the whole economy are bound to make malinvestments.

Malte Tobias Kahler

The claim that the innovative capacity of modern capitalistic societies sows the seed of general crises can be refuted, for such cyclical patterns only unfold if new innovations are financed by an expansion of fiduciary money instead of by voluntary savings.

Douglas French

So, some Americans are unloading their family treasures and cheering for bailouts, money printing, and gun control, while others are stocking up on precious metals, guns, and ammo to protect themselves and their wealth.

There is no question which group is the civilized one.

Robert P. Murphy

Although John Cassidy didn't realize it, his analysis underscored the role that government policies played in the recent financial disaster.

Murray N. Rothbard

To avoid runaway inflation we must have the resolve and the will to cease the inflationary expansion of credit, and to force the Federal Reserve System to stop purchasing assets, and thereby to stop its continued generation of chronic, accelerating inflation.

Fernando Ulrich

"Only savings can allow for sustainable economic growth."

Douglas French

In real life, Keynesianism doesn't work; the government bails out the bankers and then depressions last a long time.

Jeffrey A. Tucker

As the gifts from these businesses pour in, think of it as a sign that this recession has not been nearly deep enough or gone on nearly long enough.