Credit Expansion vs. Simple Inflation
It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply.
It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply.
The goal should not be to make quick daily decisions that look like market data — it should be to make correct decisions that are market data.
The standard reply of the Fed and its partisans is that any such measures, however marginal, would encroach on the Fed’s independence from politics.
Jeff Deist and Daniel Lacalle discuss what rising interest rates will mean, and why academics and bankers are so clueless about the monetary side of financial markets.
A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping.
The Fed is already living dangerously with its recent hike, and further rises will all but guarantee a credit crisis.
Danielle DiMartino Booth exposes how the Fed benefits elites at the expense of ordinary people.
Nomi Prins discusses the cronyism and secret dealing of central banks.
Jeff Deist welcomes guests to the 2018 Mises Circle in Fort Worth: Will the American Economy Survive in 2018?