Mises Wire

It's All about the Benjamins: Why the Dollar Determines US Policies

Central BanksInflationMonetary PolicyWar and Foreign Policy

Blog3 hours ago

The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector.

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In Latest Recession Signal, Money-Supply Growth Plummeted to a Three-Year Low in August

Money Supply

Blog09/28/2022

The money supply is on a long and fast downward trajectory. This points toward recession and is just one more indicator of economic weakness in addition to negative GDP and an inverted yield curve. 

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Inflation, the Price Level, and Economic Growth: Everything the Elites Tell You about It Is Wrong

Inflation

Blog09/08/2022

Inflation is not a product of corporate greed or rising wages. It is a fraud perpetrated by government authorities that impoverishes average people while enriching elites.

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Inflation in the USA: Where Do We Stand Today?

The FedInflation

Blog09/02/2022

Biden has declared that the USA has "zero inflation" at present. Austrian economists say, "Not so fast."

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Is a Recession Simply a Decline in GDP? What Does That Mean?

Booms and BustsEconomic PolicyInflationBusiness Cycles

Blog08/22/2022

The "official" definition of a recession is a two-consecutive-quarter decline in GDP, but there are problems with GDP measurement in the first place.

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Is College Worth It?

EducationStrategy

Blog08/19/2022

Whether you need college in today's world of unlimited digital information is exceedingly subjective.

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Inflation Makes People Poorer (And It's the Government's Fault)

The FedInflation

Blog08/15/2022

When inflation hits, we see higher overall prices for everyone. But inflation hits lower-income people the hardest, and they bear the brunt of this tax.

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