The Fed

Unfortunately, by buying up MBS and propping up the market the Fed will only cause more harm than it already has.

It is hard to avoid the conclusion that the dollar could be ready for another beating.

The Fed shall work to counter business cycles, stabilize the banking system against shocks, and print billions of dollars so as to keep stock marke

The result of the governments' and the unions' meddling with the height of wage rates cannot be anything else than an incessant increase in the number of unemployed.

Without invoking the name, the Journal leader did more to educate the American public about Austrian economic theory than anything published in rec

So when is the manure going to hit the fan? Schiff doesn't know, but "when the bubble is this big, there are just so many potential pins that it is impossible to guess which one it will find first."

It follows that liquidity could come under severe pressure if the Fed decides to cling to the current fed funds rate target whilst the economy is weakening.

I recommend the book to anyone who wants an analysis of current economic trends from an Austrian viewpoint along with some appropriate investment ideas; it is one of the best examples of sound economic writing among investment books.

The present glut in the money markets, with excessively cheap money and its attendant evils and dangers to the credit structure of the country, is due to the concurrence of three main causes.

Though some comic fans will be quick to put the blame at the foot of Marvel for price increases, they would be more correct to blame the Federal Reserve, the "publisher" responsible for the creation of our supply of dollars. Though society has come to accept the general rise in prices as a normal part of our lives, before the founding of the Federal Reserve and the removal of the US dollar from the gold standard, prices held relatively steady.