The Danger of the Debt Trap
Although, on a global level, consumer price inflation appears rather muted at present, writes Thorsten Polleit of Barclays, there are indications that the devaluation of money might be taking a new route.
Although, on a global level, consumer price inflation appears rather muted at present, writes Thorsten Polleit of Barclays, there are indications that the devaluation of money might be taking a new route.
Recorded at the 2005 Austrian Scholars Conference, Mises Institute, Auburn, Alabama.
Toby Baxendale argues that Austrian economics has its own contribution to make to the method of hedge funds.
In its current form Freddie Mac is a mercantilist company, and as such, it is not a good example of free enterprise, write Paul Cleveland and Michael Tucker.
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005
Since the turn to the 21st century, writes Antony Mueller, the factors that once supported dollar dominance have increasingly come under challenge.
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005
Inflation is a giant rip off, a stealth tax stealing purchasing power. Money is not neutral. The first receivers of new money benefit. Savers and those on fixed incomes struggle. From 1857 until the war was a period of “free banking” where the fed had nothing to do with the banks and the states had little control over them. High economic growth and prosperity prevailed.