Mises Wire

How Government Intervention Triggers Depressions

Business CyclesMoney SupplyProduction Theory

Blog05/21/2020

Thanks to past interventions, the economy is now rife with malinvestments and prices that don't reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us.

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How All That Extra Stimulus Money Could Lead to Price Inflation

InflationMonetary Policy

Blog05/06/2020

More money creation doesn't necessarily mean higher consumer prices. But, if production is falling while consumers use their stimulus checks to buy food and clothing, we could see noticeable price inflation.

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How A Central Bank Caused One of History's Biggest Cons

World History

Blog07/18/2018

Perhaps no lesson from history better illustrates the dangers of credit expansion-fuelled business cycles than the story of the imaginary country of Poyais.

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How the United Kingdom Became a Police State

Legal SystemWorld History

Blog07/06/2018

Contrary to the government's claims, Britain is not becoming safer as the British government becomes bigger.

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How High Is The Risk of a Currency Crisis?

Money and BanksMoney and Banking

Blog04/21/2018

 The monetary policy that governments and central banks are calling for is quite apparent: “Keep it going, whatever it takes.”

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How Central Banks Stoke Stock Prices

Money and BanksMoney and Banking

Blog02/23/2018
There are two important ways through which the central bank and its effectively inflationary machinations influence stock prices.
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How Long Can the Fed Keep the Boom Going?

Booms and BustsMoney and BanksMoney and Banking

Blog05/30/2017
Given current bond and stock market valuations, investors seem to be fairly confident that the Fed will succeed in keeping the boom going.
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