Why the MSM Hates Judy Shelton
byBy the Robert Aro at the Mises Institute Imagine if a member of the Federal Reserve Board of Governors said the following: When governments manipulate exchange rates to…
Central Banking
Nomination for the Board of Governors of the Federal Reserve
byWe read the news today that Judy Shelton has been approved by the Senate Banking Committee. This means that the full Senate can vote…
Money Supply Growth in May Again Surges to an All-Time High
byMoney supply growth surged to another all-time high in May, following April’s all-time high that came in the wake of unprecedented quantitative easing, central…
Europe’s Bailouts Risk a Full-Blown Financial Crisis
byThe measures implemented by governments in the eurozone have one common denominator: a massive increase in debt from governments and the private sector. Loans…
Why the present monetary system is heading for a breakdown
byMost economists hold that a growing economy requires a growing money stock, on grounds that growth gives rise to a greater demand for money,…
The Chain Reaction Is Now In Process
byMuch has been written about the economic consequences of Covid-19, yet, just as in many of the analyses of the Great Depression and the…
After the flood – Beyond fiscal and monetary intervention
byMonetary and fiscal stimulus to ameliorate the effect of the pandemic has exceeded $9trln Stock markets have recovered, although most are below their…
Fed Accountability Is a Farce
byBy Robert Aro The Fed claims they are “accountable to the public and the U.S. Congress.” But what good is accountability, if the public…
Mario Draghi’s Economic War Against COVID-19
byby Elisabeth Krecké On March 25, 2020, with the world economy paralyzed, Mario Draghi emerged into the spotlight for the first time since stepping…
Unintended consequences of monetary inflation
by“In short, the Fed is committed to rescue businesses from the greatest economic catastrophe since the great depression and probably even greater than that,…