Money and Banks
The slow, systematic destruction of the dollar’s purchasing power
It’s interesting to look the producer price index and consider how extreme and relentless are price increases over time, and it strikes me th
The Fed Tried to Inflate in 1930-32
The rate cut today is a good reminder that the Fed can’t always get its way.
Austrian Economics vs. Bernanke’s Economics
In conclusion, inflation wreaks havoc on the structure of capital. It does so not only through the intertemporal misallocation of resources that takes place when the interest rate no longer reflects the social rate of time preference, but inflation also wrecks the existing structure of capital by introducing unpredictability into entrepreneurs' plans that rest on predictable exchange rates.
The Precedent for the Ron Paul Dollar
Needless to say, during the course of this history, the federal government took more and more monetary powers so that, today, our monetary arrangements would be unrecognizable to any of the Founders. Our coins, in particular, are ugly little pieces of nothing and a constant reminder of our degradation.
Mugabenomics in action
It appears that the government of Zimbabwe is giving the Hungarian
Protectionist Rhetoric Will Accelerate the Dollar’s Slide
Pat Buchanan’s recent attempt to diagnose the sinking dollar demonstrates that ignorance of basic economics is not limited to the Left.
The Liberty Dollar Question
Every libertarian should support full freedom in money production and use, and a great step toward sound money would be to scrap all laws against a