Foreclosure Water Torture
Home prices peaked five years ago, but a mountain of foreclosures still looms.
Home prices peaked five years ago, but a mountain of foreclosures still looms.
Political upheaval has hit Finland, and it's merely a foreshadowing of bigger changes ahead.
Mansharamani uses the work of Roger Garrison and other Austrians to great effect. <a href="http://store.mises.org/Boombustology-Spotting-Financial-Bubbles-Before-They-Burst-P10464.aspx">Buy this book in the Mises Store.</a>
Lord Keynes was constantly worried that people were saving too much and consuming too little — thus the need for more and cheaper money to stimulate the economy. Mr. Bernanke is nothing if not a good Keynesian, and his low rates make even the savviest question whether to forgo consumption.
The fake version of history says that without a central bank or its lesser cousin, a national bank, we had nothing but boom, bust, and sorrow — but since the creation of the Federal Reserve System, it's been nothing but sunshine and lollipops. Let us take a look.
A Fed employee argues that inflation is harmless. I argue that it is a rip-off for everyone who uses dollars.
Interviewed by James Puplava on the Financial Sense Newshour, 16 March 2011.