The Week in Review: February 27, 2016
Dissatisfaction with the Fed appears to have gone mainstream, and this may increase if the Fed descends into negative interest rate policies. But, as always, a sound understanding of economics is key.
Dissatisfaction with the Fed appears to have gone mainstream, and this may increase if the Fed descends into negative interest rate policies. But, as always, a sound understanding of economics is key.
Bernie Sanders says he wants to reform the Fed, but Bernie's wrongheaded views on Fed policy demonstrate why it's important to oppose the Fed for the right reasons.
Secretary of the Treasury, Jack Lew, released the government's audited financial statement and it make Bernie Madoff's books look like Warren Buffet's financial statements!
Cesar Chavez wanted immigration controls to hep him prop up union-labor wages.
Central banks worldwide are putting their faith in negative interest rates. Unfortunately, these central bankers do not understand what interest rates are supposed to do, or how manipulating them will lead to a bust.
This incident is one more example that demonstrates the contempt with which the US government holds private companies. Private companies are literally being conscripted to serve the state.
Dodd-Frank has all but ended the days of the friendly, small-town neighborhood bank.
Get ready for a brand new Mises Institute experience on Snapchat!
CNN asks today: "What would a president Trump mean for the Fed?"
NIRP will fail miserably, in part because they signal that the central banks are out of options and the economic system is in terminal decline.