The Fed

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Patrick Barron

The reality is that hyperinflation is caused by a loss of confidence in the money unit, which the monetary authorities may be incapable of preventing.

David Howden

There is trouble lurking in each of the book’s four chapters. The text gets off on a wrong foot as Bernanke overviews the origins and purposes of the Fed.

Dante Bayona

The Fed does not produce work or items of value.

Gary Galles

Protectionism harms US consumers by taking away options they prefer (and patriotism does not justify helping some American producers beggar American consumers).

Dickson Buchanan

Last week’s decision by the ECB to cross the border into negative territory marks a historic event and shows just how far central banks are willing to go to destroy the global economy.

Frank Hollenbeck

Banking in its current form is not capitalism.

Mark Thornton

The Haven has posted the following poll question:

Greg Kaza

Austrians have demonstrated that recessions—and depressions—are the inevitable result of central bank intervention in the economy. 

Greg Kaza

Kaza reviews Alan Greenspan's book The Age of Turbulence: Adventures in a New World. Kaza asks "Which social acquaintance will defend Greenspan against the charge the seeds of the greatest