Mises Wire

Gold Prices Show There's a "Big Short" Going on in Official Currencies

Blog1 hour ago

A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this:  the higher the price of this precious metal, the lower the exchange value of official currencies.

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GDP, Free Trade, and Prosperity

Global EconomyProtectionism and Free Trade

Blog07/23/2020

GDP is not a useful measure of the material prosperity of a nation, and the way GDP is measured tends to hide the benefits of free trade.

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Gorging on Debt to Survive the COVID-19 Economy

Financial MarketsMonetary Policy

Blog07/22/2020

Our current position on debt seems to be akin to saying the only way to keep from drowning is pouring more water over the victim.

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Goverment-Subsidized Technology Won't Save China's Economy

Socialism

Blog06/12/2020

China’s “new infrastructure” will likely be but one more example of the false promise of technology as an antidote to the irrationality of state-controlled economies.

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Governments Have Crippled the World's Economies. Revolution May Soon Follow.

CapitalismSocialismInterventionism

Blog06/06/2020

Mises knew: “Mass unemployment destroys the moral foundations of the social order. The young people…forced to remain idle, are the ferment out of which the most radical political movements are formed."

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Germany Pushes Back against the ECB's Bailouts

Monetary PolicyMoney and Banks

Blog05/13/2020

The EU has now become essentially a makeshift, lawless regime designed to prop up bankrupt states. So much so, in fact, that even the German supreme court has become alarmed.

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Governments Are the Real Price Gougers

Blog05/08/2020

Although politicians lecture private companies for raising prices, it is governments that have for decades raised the prices of goods and services by limiting supply and raising costs.

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Government Regulation against "Monopolies" Only Lowers Our Standard of Living

Monopoly and Competition

Blog04/29/2020

The whole idea of government regulating so-called monopolies in order to promote competition is based on fallacies. If anything, such intervention only stifles market competition and lowers living standards.

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