Mises Wire

Deflation, Easy Money, and the Boom-Bust Cycle

Money and BanksMoney and Banking

When money is made "out of thin air," we see economic busts go hand-in-hand with price deflation. This is not the case with sound money.
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Debt Isn't a Problem — Easy-Money Policies Are the Problem

Money and BanksMoney and Banking

Debt can be a big factor in economic busts. But, the problem isn't debt. The problem is the easy-money policies behind the debt.
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Do Central Bankers Know a Bubble When They See One?

The FedMoney and BanksMoney and Banking


At different times and in different places, Fed officials have changed their stories about whether or not bubbles can be seen before they pop.

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Did Free Markets Cause the Flint, Michigan Water Disaster?

Taxes and SpendingU.S. HistoryInterventionism

03/01/2016Mises Wire
Municipal waterworks are government-run and government-owned, and generally an extension of local governments. But, bizarrely, when something goes wrong, it's somehow the fault of the private marketplace.
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Don’t Be Fooled By Our Current Price Stability

Booms and BustsMoney and BanksMoney and Banking

08/20/2015Mises Wire
Consumer prices have been stable, but we should pay attention to 2014's decline in the money supply which mirrors a similar decline from 1927 and 1928, which was followed by a collapse in industrial production.
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