Depression, Monetary Destruction, and the Path to Sound Money: The Mises Circle in Greenville
FDR followed up on Hoover’s attempted inflation by closing the banks and plotting an unprecedented inflation that ended in the paper money we use today.
FDR followed up on Hoover’s attempted inflation by closing the banks and plotting an unprecedented inflation that ended in the paper money we use today.
Sponsored by Mark L. Hart III
In 1946, as now, the government held up the threat of deflation to justify a policy of ultra-low interest rates.
Sponsored by Jeremy S. Davis
The Mises Circle meets in New York City for a working lunch at the University Club: One West 54th Street, New York, New York.
Mises Institute Members and guests, Faculty, and Students are invited.
Join the Mises Circle for its inaugural meeting, a “working lunch” on Saturday, March 4, 2006, from 10:00 a.m. until 2:00 p.m. at Maggiano’s Little Italy Restaurant in Houston, Texas.
To prevent future economic pain, what is required is the closure of all the Fed’s means of creating money out of “thin air.”
Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.
Merely increasing demand does not increase production or produce wealth.
The skyscraper curse continues to haunt us. Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues toward its inevitable correction.