The Cultural and Political Consequences of Fiat Money
Our global system of fiat moneys favors spenders and borrowers over savers.
Money and Banks
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The Cultural and Political Consequences of Fiat Money
Mises Daily Thursday by Jörg Guido Hülsmann:
The Cultural and Political Consequences of Fiat Money
Our global system of fiat moneys favors spenders and borrowers over savers. Low- and moderate-income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century.
Review of Euro Crash: How Asset Price Inflation Destroys the Wealth of Nations by Brendan Brown
It’s hard to walk away from Brendan Brown’s most recent book without a feeling of deep disappointment in modern day central banks. T
New York Area Mises Circle 2015
Lew Rockwell and Jeff Deist invite you to join them at the Mises Circle with talks by a compelling slate of speakers: James Grant, Judge Andrew P. Napolitano, David Stockman, and Joseph Salerno.
Central Banks Are Not Innocent Bystanders
The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central bankers.
The State of the US Economy
Interviewed by Emil Franzi and Bruce Ash on AM 1030 KVOI in Tuscon, Mark Thornton offers an Austrian perspective on several issues such as Obamacar
Oh Good, Another World Bank
Obama’s recent trip to Beijing revealed that China is ready to begin the operations of the Asian Infrastructure Investment Bank (AIIB)—another inte
What a Free Market in Money Might Look Like
Thorsten Polleit writes (originally in German):
