The European Central Bank is continuing with its negative interest rate policy, but it's not having the desired effect. Instead, the central bank is just filling the void by buying up government debt with newly created money.
Everyone knows about the Great Depression which brought massive government intervention and lasted a decade. But few know of the Depression of 1920–21 which was ignored by government and lasted eighteen months.
Jeff Deist and Jim Ostrowski discuss how progressives managed to capture the 20th century.
With huge debts and an immensely inflated supply of dollars, the US is vulnerable to its own "Suez moment" in which foreign regimes can nullify American foreign policy without firing a shot.
In recent decades, the tech sector has brought us newer and better goods and ever-dropping prices.
A recent report commissioned by the prime minister of Iceland calls for limits on the money supply through ending fractional reserve banking and deposit insurance. Unfortunately, the report also calls for nearly unlimited control of the money supply by the central bank.
Thanks to the central bank, those who worked hard and “played by the rules” all their lives now face an uncertain future as inflation c
In recent decades, the tech sector has brought us newer and better goods and ever-dropping prices. In an unhampered market, the same would happen across the entire economy. But, the Fed won't allow this to happen.
In this lecture from last week's Sound Money seminar at the Mises Institute, Jonathan Newman explains the basics of how the central bank's distortion of interest rates and the money supply brings booms and busts.
