Mises Wire

US deficit and the dollar

US deficit and the dollar

Quoting Mises, Jack Crooks writes in the Asia Times: “In a country where voters know they can vote themselves the goodies and have accepted the term ‘war on terror’, it’s highly unlikely the US can get its fiscal side under control for many years to come. Thus the howls for China to do something with its currency grow louder.”

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute