Mises Wire

When Higher Prices Are Not Inflation

Money and Banks

Blog01/17/2022

Monetary inflation results in a general rise in prices, often called "price inflation." But rising prices are not always "inflation." In any case, more government regs and subsidies won't help.

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What the Regime Will Do to Fight Private Digital Currencies

Money and Banks

Blog01/12/2022

Thanks to vast regulatory powers, regimes have many tools and many advantages in propping up fiat currencies when faced with competition from other currencies. 

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What Mayan Civilization Can Teach Us about Secession and Decentralization

World History

Blog01/10/2022

Thanks in part to the decentralized nature of Mayan civilization, it was much more difficult for the Spaniards to conquer the Mayas than the Aztecs and Incas.

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Why Did the World Choose a Gold Standard Instead of a Silver Standard?

World History

Blog01/05/2022

The adoption of gold as the preferred commodity money was never inevitable or based on some sort of natural law of money. Many coincidences and political schemes were key factors.

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Will Artificial Intelligence Create a Socialist Paradise?

World History

Blog01/04/2022

This is freedom: "That he is independent of the arbitrary power of his fellows … [freedom] arose in the process of social development and its final completion is the work of mature Capitalism.”

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Why the Debt Ceiling Won't Limit Debt or Spending

Money and BanksTaxes and Spending

Blog01/01/2022

From its inception, the Fed's job has been to pay off the debt and cover excess expenditures with newly printed paper money.

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Why Doesn't Increased Demand Bring More Supply?

U.S. Economy

Blog12/30/2021

In order to demand goods and services individuals must produce something useful first. Hence, supply drives demand and not the other way around. 

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Western Economies Are Self-Destructing with Inflation, Debt, and Taxes

Money and Banks

Blog12/24/2021

Thanks to covid shutdowns, declining productivity finally brought price inflation to the fore. But the world's governments have learned nothing and cling to the same inflationist policies. 

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