Mises Wire

Biden Admits That Sanctions Don't Work and They Make Us Poorer

Blog03/26/2022

The White House this week admitted sanctions don't work, but Biden thinks it's fine to shrug and say, "Sure, sanctions have failed, and are also causing food shortages, but that's just the price you little people gotta pay!"

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Bubble-Bust in Japan

Booms and Busts

Blog02/28/2022

The success of Japan after WWII was due entirely to low taxes, an appreciating currency, and a very high personal savings rate. That all changed when the bubble was born in the late 1980s.

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Biden's "Historic Growth" Is No Such Thing.

Blog02/04/2022

Real wages are going down. Debt is skyrocketing. The economy has only partly recovered from an economic disaster. This isn't the "historic growth" Joe Biden wants you to think it is.

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Bimetallism, Gresham's Law, and Coinage

Blog01/07/2022

There was truth in the war-cry of the bimetallists that a "crime against silver" had been committed; but the crime was really the original imposition of bimetallism in lieu of parallel standards. 

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Biden's War against Fossil Fuels Is a War against Ordinary People

Blog12/27/2021

The hardships from high fossil fuel prices that will be suffered by Americans and others around the world will be a humanitarian crisis that could have been avoided.

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Biden Has Embraced Trump's Protectionism

Protectionism and Free Trade

Blog12/07/2021

Tariffs and trade controls are little more than tax increases and a chance to further empower a bloated bureaucracy. Not surprisingly, Biden doesn't appear to be enthusiastic about embracing free trade.

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Bitcoin Isn't Any More Dangerous than the Euro

Money and Banks

Blog12/06/2021

It's a bit rich that European central bankers are decrying the alleged risks and dangers of bitcoin. After all, the euro currency poses many destabilizing dangers and risks of its own for the European economy.

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Biden's Infrastructure Plan Points to Even More Price Inflation

Taxes and Spending

Blog11/13/2021

An additional—and quick—$1 trillion spending boost in energy-intensive and material consuming industries is likely to create new problems in terms of inflation and supply shortages.

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