Finance Discovers Sting: “How Fragile We Are”
Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.
Mises Wire
The Money Supply Has Plummeted in the Biggest Drop Since the Great Depression
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
Rothbard’s Button Doesn’t Exist, but It Needs to Be Invented
In 1948, Ludwig Erhardt rescued a German economy that was in shambles simply by invoking free markets and currency reform. Our economy needs its Rothbard moment.
Is There an Optimum Growth Rate of Money?
Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.
NATO’s Great New Idea: “Let’s Start a War with China!”
Last week NATO announced that it will open its first-ever Asia office in Japan. What next, NATO membership for Taiwan?
Did Tucker’s Last Major Guest Lead to His Firing?
Tucker Carlson has rankled the ruling elites for many years. But was his interview with Robert Kennedy Jr. a bridge too far?
Comprehensive Reform versus Piecemeal Reform
Should political reform be the result of a much-discussed comprehensive plan? Or should it come about through decentralized decision-making that deals with the situations at hand?
Socialism, Minority Groups, and Personal Liberties
People from socially and economically marginized groups in the USA tend to support socialism. Yet socialists have a long and bloody history of suppressing these very groups.
The New Immigration Bill Is a Trojan Horse for E-Verify and Is a Threat to All Americans
A new bill being sold as an "immigration control" measure is really a vast expansion of the federal regulatory and surveillance state known as "E-Verify." The potential for abuse is enormous.
The Fed Is Overindebted, Isn’t It?
By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.
