61. The Background of the 1920s
From Part V of A History of Money and Banking in the United States: The Colonial Era to World War II: “The New Deal and the Internat
From Part V of A History of Money and Banking in the United States: The Colonial Era to World War II: “The New Deal and the Internat
Gold and silver are international commodities, and, when not prohibited by government decree, foreign coins are perfectly capable of serving as sta
This world-renowned merchant seeks no fame for his business achievements.
One of the most important concepts in economic theory is the quantity of money. However, when going from theory to practical application, things get messy.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011. Includes a Question-and-Answer period.
The Federal Reserve Chairman, Bernanke, calls a fall in purchasing power of the dollar by over 95% stable. Interest rates have been pushed to zero. Continual inflation is deliberate and designed. Bernanke pretends he knows what he is doing.
Thanks to the doublespeak of monetary-policy experts, the launch of monetary policy leading to high inflation may not be discernible by the public at large.