Mises Wire

The Great Crash of 2022

The FedInflationU.S. EconomyBusiness Cycles

Anyone who doubts whether we are in a recession can stop doubting. The Fed's reverse repos show that we're headed for a crash.

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How Money Printing Destroyed Argentina and Can Destroy Others

Blog06/18/2022

Inflation in Argentina is far worse than neighboring countries. It has only one cause: an extractive and confiscatory monetary policy—printing pesos without control and without demand.

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A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes

Bureaucracy and RegulationInflationPovertySocialismTaxes and Spending

Blog06/17/2022

African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.

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Jamaica's Experience Shows That Even Draconian Gun Control Will Not Stop Gun Violence

Big GovernmentProgressivismThe Police State

Blog06/17/2022

In the wake of mass shootings, progressives claim that draconian gun laws will stop these tragic events. However, the gun control record in places like Jamaica provides contrary evidence.

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For Presidents, Unpopularity Is a Simple PR Problem. Biden Is No Exception

Anti-PoliticsEconomic PolicyU.S. Economy

Blog06/16/2022

The Biden administration, stung by low poll numbers, insists that the president is receiving unfair PR, which is hiding the "truth" about Biden's many accomplishments.

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The Fed Is Winging It: A 75 Basis Point Hike "Seemed like the Right Thing"

Money and Banking

Blog06/15/2022

When asked to quantify how a 75-point hike is better than a 50-point one, Powell had no answer. And will it work? Powell could only say "we'll know when we get there."

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Even after Admitting She Underestimated Inflation, Janet Yellen Still Doesn't Understand What It Is

Central BanksThe FedInflationGold StandardInterventionism

Blog06/15/2022

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.

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