Mises Wire

How Central Banks Promote Money-Creation by Private Banks

Money and BanksMoney and Banking

Blog7 hours ago

Not only does fractional-reserve banking gives rise to monetary inflation it is also responsible for monetary deflation. Money created out of "thin air" can disappear as rapidly as it was created.

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How GDP Measures Help Create the Illusion that Money Pumping Grows the Economy

Money and BanksMoney and Banking

Blog09/02/2019

Real GDP does not measure the real strength of an economy, but reflects monetary turnover. Thus, the more money is pumped, the stronger the economy appears to be.

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How Human Action and Human Values Determine Prices

SubjectivismValue and Exchange

Blog04/20/2019

Prices are set by how much people value goods and services. And people value things based on what they think will improve their life and well-being. 

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Hoppe and the Art of Economic Controversy

Money and BanksMoney and Banking

Blog03/29/2019

Joseph Salerno discusses the Hoppean method of addressing economic controversies.

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Hello Jerome Powell, We Have Questions

Blog03/29/2019

Given the Fed has never spotted a bubble in real time, why should anyone believe we aren't in one right now?

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How Rent Control Harms Those It Hopes to Help

Blog03/08/2019

Though rent control is sold as a policy that is intended to help the poor, it has induced homelessness among the poor and lower middle classes.

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How Liquidity Affects Changes in Prices — Including Stock Prices

Money and BanksMoney and Banking

Blog12/27/2018

Markets respond with price changes to eliminate money surpluses and money deficits.

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How Private Banks Create Bubbles — with the Help of Central Banks

Money and BanksMoney and Banking

Blog11/30/2018

Recessions emerge when the central bank reverses its loose monetary stance. But the seeds of recession were sown earlier by private lending practices that grew out of central-bank money creation.

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