Why Central Bankers Think They’re Doing Good for the Economy
The only reason why the illusion that central authorities can grow an economy appears to be real is because of a still expanding pool of real savings.
The only reason why the illusion that central authorities can grow an economy appears to be real is because of a still expanding pool of real savings.
The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
It's true that the Fed doesn't directly set a target for money creation. But by setting interest-rate targets, the Fed adopts a de facto policy of money creation.
Per Bylund explains the many contributions of Jean-Baptiste Say, a precursor to the Austrian School of economics.
Creating money out of thin air always sets the boom-bust cycle in motion, even when there's an increase in the demand for money.
In this 40-minute presentation, Nomi Prins explains the cronyism and secret dealings of central banks.
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?