Data from Japan, Spain, Greece, and the Netherlands all suggest that deflation is not the disaster many economists suggest it is. In fact, there's good reason to believe that economies really start to take off when prices fall the most.
There are many risks to the dollar out there, but a more valuable euro isn't one of them.
The 2015 F.A. Hayek Memorial Lecture.
David Rapp discusses his recent book, Zur Sanierungs- und Reorganisationsentscheidung von Kreditinstituten.
Mises Daily Wednesday by Brendan Brown
Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.
Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.
I am interviewed on Power Trading Radio about the Skyscraper Curse and Cyber Security Issues—Biggest Bank Heist in History!
Reserve currencies serve an important economic purpose. If the dollar loses its status as a reserve currency, the resulting adjustments will be painful for many. So, the global economy would benefit from a new US monetary policy devoted to a sound dollar.
The Europeans have decided to limit funding and credit extended to the Greeks.
