A Recipe for the Next Great Depression
The Mises Circle in Colorado, sponsored by the Limited Government Forum of Colorado Springs, 4 April 2009.
The Mises Circle in Colorado, sponsored by the Limited Government Forum of Colorado Springs, 4 April 2009.
Incessant creation of fiat money by government central banks will serve to engender more speculative booms to lure investors into financial ruin.
The Mises Circle in Colorado, sponsored by the Limited Government Forum of Colorado Springs, 4 April 2009.
What a warped view of how the market economy works, to think that savings and foreign investment can cripple an economy.
The Mises Circle in Colorado, sponsored by the Limited Government Forum of Colorado Springs, 4 April 2009.
The German hyperinflation was the result of a policy that considered the financing of government debt by an accelerating increase in the money stoc
Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression
Falling prices, far from being deflation, are actually the antidote to deflation.
Instead of facing the truth and permitting not only the malinvestments to fail, but a real recovery to take shape, Obama, Krugman, and their allies are insisting that all this "perpetual motion machine" known as an economy needs is a little more spending to lubricate the gears and send it on its merry way.