The Fed

Central banks, and especially the Federal Reserve System, continue to churn up inflation and the boom-and-bust cycles—in the name of "stabilizing" the economy.

While the usual characters praise central banks for supposedly bringing economic stability, Dr. Shostak explains that their presence makes things unstable because they break the relationship between saving and lending.

Nik Bhatia presents a counterintuitive view of how money operates in our current banking system and takes a glimpse into our monetary future.

The Henry Hazlitt Memorial Lecture, sponsored by Yousif Almoayyed.

Jeff and Bob Murphy talk about the state of gross economic ignorance in America today.

The Fed is, effectively, a car driving at night, very fast, with no headlights. That is a real threat, probably to an unprecedented degree.

The 1970s were the turning point in the wrong direction. Under Keynesian guidance, gold was abandoned, prices increased, and the dollar rapidly depreciated.

If you’re in trouble, you stop spending on frivolous stuff and you save. It applies on a personal level; it applies on a national level. But the fiat world just flips all of this on its head.

Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.

Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous.