US Household Saving Rate Vanishes, Credit Card Debt Soars
The United States economy may have delivered no growth in the first half of 2022 after the decline in the first quarter, narrowly avoiding a technical recession.
Mises Wire
Independence for Chagossians? Time to End Colonialist Policies
The Mauritius government still denies Chagossians independence, continuing colonial policies.
From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes
Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes.
Juneteenth and Secular Holidays as Tools of the Regime
Juneteenth is an example of a fiat holiday, imposed upon the nation by an imperial city to promote a specific cultural agenda.
144 Million Americans Now Live in States with Legal Recreational Marijuana
Were these cannabis-legal states to combine to form their own country, it would be the tenth-largest country in the world.
Powell’s “Soft Landing” Is Impossible
After more than a decade of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, a soft landing is impossible.
In Defense of Defaulting on the National Debt
Conventional wisdom says a country should manage its debts, but what if debt has become uncontrollable?
The Curious Case of Ilya Shapiro
The Beltway is no place for loyalty.
How Money Printing Destroyed Argentina and Can Destroy Others
Inflation in Argentina is far worse than neighboring countries. It has only one cause: an extractive and confiscatory monetary policy—printing pesos without control and without demand.
The Great Crash of 2022
Anyone who doubts whether we are in a recession can stop doubting. The Fed's reverse repos show that we're headed for a crash.
