Mises Wire

The Pseudo-Psychology Behind Monetary Policy

Money and BanksMoney and Banking

Blog02/09/2019

Regardless of expectations, tampering with the economy by means of monetary policies will always undermine the foundations of the real economy.

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The Difference between Money Supply & Liquidity

Blog02/02/2019

While many people talk about money and liquidity interchangeably, the reality is these are both very different concepts

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Thomas Paine on Paper Money and Morality

Taxes and SpendingU.S. History

Blog01/29/2019

The Hamiltonians foisted a central bank on the people of the United States at the first opportunity. But Thomas Paine wasn't fooled.

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The Problem with "Velocity of Money"

Blog12/17/2018

Contrary to popular thinking, the velocity of money is not a key factor in understanding price inflation.

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The Myth of the Neutral Interest Rate

Money and BanksMoney and Banking

Blog12/08/2018

Even if the Fed were to know the level of the neutral rate it could not achieve economic stability.

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The Corporate Debt Market: Is It Teetering on the Edge?

12/07/2018Power & Market

Peshut concludes that claims that the corporate debt bubble is about to pop are premature and the more likely scenario is that the bubble bursts in 2021 or 2022. 

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The Money Supply Is Never Too Small

Money and BanksMoney and Banking

Blog11/21/2018

The idea that money must grow in order to sustain economic growth gives the impression that money somehow sustains economic activity. But this has never been true.

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