Patriotism Shouldn’t Apply to the Debauched Dollar
The dangers posed by a paper fiat currency were well-known even in the early days of the U.S. republic.
The dangers posed by a paper fiat currency were well-known even in the early days of the U.S. republic.
The dangers posed by a paper fiat currency were well-known even in the early days of the U.S. republic.
While Bitcoin in its early days promised freedom from the tyranny of fiat currency, those days are gone. Instead, Bitcoin owners are now satisfied if its value goes up against the dollar.
While Bitcoin in its early days promised freedom from the tyranny of fiat currency, those days are gone. Instead, Bitcoin owners are now satisfied if its value goes up against the dollar.
The Fed Chair’s job isn’t to stabilize the economy. It’s to use prestige, technical jargon, and mind-numbing dullness to cover for the central bank’s expropriation of the American people. And Alan Greenspan excelled at that.
Mises Editor-in-Chief Ryan McMaken explains how the new Fed chairman faces a political problem with rising prices and the fact the Fed keeps fueling the inflation fire.
The president has declared that he loves inflation. What economic fallacies is he likely adopting that leads to this conclusion?
The president has declared that he loves inflation. What economic fallacies is he likely adopting that leads to this conclusion?
When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.
That wasn’t a misquote; Trump actually said I love the inflation—do take a moment to let that sink in.