Mises Wire

The Federal Reserve is Running Losses. Does This Cost Anyone Anything?

The FedMonetary PolicyU.S. Economy

Blog11/07/2023

The Federal Reserve is losing money, according to its official books. Does that matter, or does the Fed operate outside the bounds of the laws of economics?

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The Interest Rate Shock Will Blow Up the Government’s Ponzi Game

Booms and BustsThe FedFinancial MarketsU.S. Economy

Blog11/06/2023

As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.

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The Current US Economic Situation from an Austrian Viewpoint

Booms and BustsBusiness CyclesMoney Supply

Blog11/02/2023

Forget the New York Times and other publications that cheerlead for the current regime. Austrian economics spells out the consequences for reckless monetary policies, and those consequences are unavoidable.

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Turkey Is Sustaining Major Inflation. Something Has to Give

Economic PolicyInflationMonetary PolicyWorld History

Blog11/01/2023

Inflation in Turkey today is officially running close to 70 percent, but the Turkish economy seems to be booming. Inflationary booms, however, cannot be sustained.

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The Specter of Hyperinflation Looms over the Economy

The FedInflationMonetary PolicyU.S. Economy

Blog10/28/2023

While the White House claims that inflation is losing steam, the truth is that unless the government changes its reckless monetary course, hyperinflation could be in our economic future.

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The Dollar See-Saws between Two Views on Fiscal Explosion

Big GovernmentEconomic PolicyTaxes and SpendingU.S. Economy

Blog10/25/2023

As the Biden administration ramps up new government spending—and budget deficits—to unheard-of peacetime levels, reality sets in. No economy and no currency can withstand this explosive assault for very long.

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The Cato Institute’s Belated, Squishy Stance on the Latest Middle East Crisis

War and Foreign Policy

Blog10/25/2023
From Ukraine to the Middle East, some libertarians have found ways to pick sides and cheer on escalations of bloody conflicts.
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The Dangers of a "Cashless" Economy

Big GovernmentMonetary PolicyProgressivismU.S. Economy

Blog10/24/2023

While the ruling elites and the Federal Reserve try to sell digital money as “modern” and “convenient,” it poses threats to financial privacy and civil liberties.

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