Mises Wire

Venezuela Has Hyperinflation. Now What?

Global EconomyMoney and BanksMoney and Banking

Blog11/15/2018

The future of Venezuela is grim. International reserves will be depleted, monetary expansion will not pay the deficit, and inflation will continue.

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Venezuela Turns to Barter

Global EconomyMoney and BanksMoney and Banking

Blog07/19/2018

As planned by Chavez, barter is indeed replacing currency transactions throughout the economy but with hardly the results the late socialist envisioned. 

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Voting with Our Feet? Local Government "Services" and the Supposed Tiebout Effect

Media and CultureStrategyU.S. History

06/18/2018Mises Daily Articles
Because they have guaranteed income through taxes, competition among political jurisdictions is not like competition among private firms.
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Video: Wall Street and Central Bank Collusion

Money and Banks

Blog06/07/2018

In this 40-minute presentation, Nomi Prins explains the cronyism and secret dealings of central banks.

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Venezuela's New Cryptocurrency Is not Really "Backed by Oil"

Global Economy

Blog03/09/2018

If a currency can't be converted on demand into the underlying commodity, it's not "backed" by that commodity. 

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Venezuela Needs Monetary Freedom, and Soon

Money and BanksMoney and Banking

Blog02/08/2018
Venezuela is facing a crisis of immense proportions. A crucial first step in lessening the disaster is giving citizens choices in the money they use.
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Venezuela's Default Disaster

Global EconomyMoney and BanksMoney and Banking

Blog11/20/2017
In the end, the socialist promise of free money is very expensive for all. Let’s learn the lesson.
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