The Fed Fears a Bond Meltdown
The Fed doesn't want to admit that new federal debt is significantly higher than private sector demand, and the Fed is more concerned about a bond market meltdown than price inflation.
The Fed doesn't want to admit that new federal debt is significantly higher than private sector demand, and the Fed is more concerned about a bond market meltdown than price inflation.
Will the commercial real estate market become a casualty of the Federal Reserve's tsunamic monetary and interest rate policy?
What are property rights and how do we define them? The late Butler Shaffer argued that they come from our “will to own.”
The decades of American and European intervention in Africa are coming to an end, and things are even worse for American interests there. Perhaps overthrowing governments and trying to dictate political outcomes wasn’t a good idea.
Murphy gives a comprehensive critique of Stephanie Kelton's new Modern Monetary Theory documentary, covering the flaws in its theory, history, and policy recommendations
Despite the accusations that Javier Milei is a fascist in libertarian clothes, many of his reforms have been successful in reversing some of the damage done to Argentina's economy by real fascists.
Somalia is a country invented by European intervention. The region known as Somaliland ought to be free to secede from this imperialist creation.
Ryan and Tho discuss the media campaign around Joseph Stiglitz's new book, The Road to Freedom.
State-provided gratuitousness is not only sterile but positively harmful, the exact opposite of the gratuitous goods provided by free and responsible citizens. The truth is that generosity and abundance flourish in a free economy.
Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation.