Mises Wire

Unsound Money, Unsound Economy

The Fed

Blog09/12/2019

Central bankers like Alan Greenspan seem to think central bankers can be trusted to act with restraint. That's a risky plan, especially given that true and reliable constraints could be put on the money supply by adopting commodity money.

Read More

Understanding "Brazil’s Donald Trump"

Global EconomyWorld History

Blog10/15/2018

As they did with Trump, the media categorizes Brazil's Bolsonaro as a “hateful” candidate, but it never tries to take a serious look at how Brazilians have suffered under leftist regimes.

Read More

Understanding Money Creation and the Trade Balance

Money and BanksMoney and Banking

Blog03/21/2017
In the floating exchange rate framework, by means of monetary policy coordination central banks can create the illusion of currency stability.
Read More

Understanding the Federal Reserve’s Shell Game

The FedMoney and BanksMoney and Banking

03/02/2016Mises Wire
Taxes usually aren't terribly popular with the people who pay the taxes. Fortunately — from the government's perspective — the central bank is there to help tax the people more without their noticing.
Read More
Shield icon wire