Mises Wire

Central banks are at the heart of government mega–bailout packages. Their ongoing expansion of the money supply won't end well.

When it comes to diseases, Anthony Fauci has a well established pattern of skipping the science phase, and going directly to press conferences and political posturing.

When governments and central banks announce massive stimulus packages at the very beginning of a crisis, they bet on a speedy recovery and a return to normal as if nothing had happened. This is far from the case.

Governments are set to make mask wearing mandatory in many places. Yet some companies are committed to limiting supply and charging monopoly prices thanks to government-created patents.

Wouldn’t you feel great knowing that your stock picking is fully insured by the Fed? Billionaires and wealthy hedge fund managers know the feeling.

The COVID-19 depression will expose the Las Vegas convention center bubble for what it is: a massive malinvestment.

The fact that people break curfew just proves that smaller, decentralized communities are better at organizing than a few top-down planners. Barbadian neighborhoods do a much better job of self-regulating.

During March 2020, year-over-year (YOY) growth in the money supply was at 11.37 percent. We're now seeing a trend similar to what we saw during late 2008 and early 2009.

Capitalists and entrepreneurs serve distinct functions in the real economy. Capitalists save money that then maintains production processes until final goods are produced. Entrepreneurs adjust the capital structure in light of uncertainty to produce the most desired goods. Capitalists are rewarded with interest, entrepreneurs with profit.

What is the number of deaths due to disease which justifies the total abandonment of the rule of law and basic human freedoms? Sixty thousand? One hundred thousand? Three hundred thousand? Supporters of the current police state ought to pin down a number for us at which all rights are forfeit.