Money and BanksMoney and Banking
The introduction of money does not alter the fact that individuals still have to produce something useful in order to secure some other useful goods for themselves.
To Murray N. Rothbard, pioneer of praxeological analysis with all good wishes. March 2nd, 1967. ~Ludwig von Mises
U.S. HistoryMoney and BankingMoney Supply
The Fed’s monetary policy, except for very brief periods in 1929 and 1936–1937, was consistently and unremittingly inflationist in the 1920s and 1930s.
Financial MarketsMoney and BanksMoney and Banking
Contrary to popular thinking, the velocity of money does not have a life of its own.
The prohibitionist impulse is widespread among politicians, whether it involves alcohol, drugs, sugar or meat.
Money and BanksGold StandardMoney and Banking
The gold standard, if not abused, is not conducive to boom-bust cycles.
The FedMoney and Banking
Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.