Mises Wire

The Growing Pile of Public Debt Shows that Inflation Is Here to Stay

Global Economy

Blog02/09/2022

One obstacle to weeding out inflation is the large stock of public debt, which is growing even in countries once known for relative fiscal frugality. This suggests interest rates must be kept low indefinitely.

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The Canadian Truckers' Battle against Covid Tyranny

World History

In Orwellian fashion, if you want freedom, that makes you a "racist" and a "fascist." So, it is assumed by our overlords to be "fascism" when truckers protest for the freedom to earn a living.

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The White House Now Says It Never Really Wanted Lockdowns

Bureaucracy and Regulation

Blog02/08/2022

In a remarkable pivot, the White House now says, “We’ve not been pro-lockdown—most of the lockdowns actually happened under the previous President.”

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Today's Fiat Dollar Standard Is Founded in Lies

Money and Banks

Blog02/05/2022

The evolution from gold standard to gold exchange standard to the dollar fiat system is one based largely on deception and broken promises.

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The Media War on Canadian Truckers: Is Freedom Public Enemy Number One?

Blog02/02/2022

For the covid despots, anyone who objected to government commands was the equivalent of a heretic who must be condemned or banished from every place except the cemetery.

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The Fed Is Trapped: It Has No Room to Taper or Raise Rates

Money and Banks

Blog02/01/2022

Even if the Fed finally delivers the tapering and starts raising rates, it won’t get any further than it did back in the last anemic rate hike (2015–18) and tiny balance sheet shrinking (2017–19) cycles.

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The Usual Suspects Are Pushing War with Russia

World History

Blog01/28/2022

The US benefits in no way from a war with Russia. Fortunately, many Americans are less than enthusiastic.

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The Fed Has No Real Plan, and Will Likely Soon Chicken Out on Rate Hikes

Blog01/26/2022

Powell repeatedly emphasized that the Fed must remain flexible about monetary tightening. Translation: we don't know what's happening and we're likely to reverse course at any time.

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