Stimulus, Savings, and Stocks
The inflationary environment causes savers to divert savings from paper assets to the safer harbor of hard assets such as precious metals, commodities, or even goods used for daily use.
The Fed
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The Misdirection of Resources and the Current Recession
My own preference is, first to allow market adjustments to take place.
The Right and Wrong of Money Production
Guido Hülsmann offers his conclusions: the current monetary institutions (central banks, paper money, and fractional-reserve banking) cannot be justified and should be abolished; such an act should be greeted as a restoration of monetary sanity and a humane economy.
Printing Like Mad
What permits real economic growth is an improvement in the investment infrastructure of the production process. What makes the improvement possible is real savings.
The Importance of Failure
Instead of trying to abolish failure via bailouts, we should let markets work, let failure run its course, and be so much the wiser for it.
Meltdown
Tom Woods covers the problem of housing subsidies, of low interest loans, of the absurdities of the boom times, and how it was inevitable that they would come to an end. He puts the fault right where it belongs: with the government and the...
Obama’s Wealth Destruction
Obama's head is filled with myths and lies, not only about FDR and the New Deal but also about the government's power to repair the existing economic problems. With this model in his head, he can only do evil. This must change.
Show Trials with Capitalist Defendants in Shackles
Credit expansion is what creates a delusion of prosperity while it lasts and economic depression when it ends. It is all that needs to be stopped to end the boom-bust cycle.
The Truly Unintended Effects of the Fed
Presented as part of the Mises Institute’s Brown Bag Seminar series on April 23, 1997 in Auburn, Alabama.
