Financial Markets

With the collapse in the price of sub-prime mortgage backed securities and credit derivatives, the credit boom has moved into the crisis phase.

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.

I was speaking to a banker this past weekend who put the blame on the subprime problem squarely on the campaign against “

The turmoil in financial markets is eliciting the usual response from the central bankers, all up there in their Hueys, ‘Die Walkuere’

The turmoil in the credit markets now emanating from the collapse of the housing bubble can be understood in the light of the theory of the busines

Recorded at Mises University 2007.

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.

Aside from the error identified by Shostak this morning, another error concerning financial markets is th

The owner of capital does not choose between more risky, less risky, and safe investments. He is forced, by the very operation of the market economy, to invest his funds in such a way as to supply the most urgent needs of the consumers to the best possible extent.