The Fed and War Finance: The Circle in Manhattan
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.
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.
Until Ron Paul raised the issue at the national level, the Federal Reserve had been treated with lazy indifference.
Easy money policy hurts most people, particularly workers and savers, and redistributes their wealth to the ruling elites.
The history of the last great US monetary experiment in “quantitative easing” from 1934 to 1937 suggests that things could end badly.