Mises Wire

Can Gradual Interest-Rate Tightening Prevent a Bust?

Money and BanksMoney and Banking

Blog11/02/2017
Tightening the money supply "too fast" is not what causes economic busts. Creating money "out of thin air" is the real problem.
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Congress Will Make Sure Taxpayers Keep Sending Money to Terrorists

Cronyism and CorporatismWar and Foreign Policy

Blog06/30/2017
Rand Paul's legislation — banning funding of weapons for terrorist-connected organizations — has little chance in a Congress addicted to war spending.
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Changes in the Money Supply Don't Cause Business Cycles

Money and BanksMoney and Banking

Blog05/30/2017
Business cycles do not result from mere fluctuations in the money supply. What is needed is that the changes occur with money made "out of thin air."
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Central Banks' Obsession with Price Stability Leads to Economic Instability

Money and BanksMoney and Banking

Blog04/28/2017
The Fed's monetary policies that aim at stabilizing the price level actually undermine economic fundamentals.
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Can Technology Prevent a Recession?

Booms and BustsMoney and BanksBusiness CyclesMoney and Banking

Blog01/23/2017
Technology doesn't tell us much about whether we're prone to a recession. The much larger issue is inflation-induced misallocation of resources.
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