The Fed

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The Inaugural Mises Circle in Houston

March 4, 2006
Maggiano’s Little Italy Restaurant in Houston, Texas

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.

Frank Shostak

To prevent future economic pain, what is required is the closure of all the Fed’s means of creating money out of “thin air.”

Christopher P. Casey

Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.

Patrick Barron

Merely increasing demand does not increase production or produce wealth.

Mark Thornton

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.

Llewellyn H. Rockwell Jr.

Until Ron Paul raised the issue at the national level, the Federal Reserve had been treated with lazy indifference.

Mark Thornton

Easy money policy hurts most people, particularly workers and savers, and redistributes their wealth to the ruling elites.

Brendan Brown

The history of the last great US monetary experiment in “quantitative easing” from 1934 to 1937 suggests that things could end badly.

Andreas Marquart

Inequality and income inequality are natural phenomena because people are different. Coerced inequality is another matter.