The Fed's suppression of interest rates in the USA didn't just affect this nation's economy. It also drove investors to seek higher interest rates in questionable investments.
Paul Krugman recently argued that the Federal Reserve can engineer a "soft landing" for the economy as it tries to deal with inflation. Such a view ignores economic realities.
Biden has declared that the USA has "zero inflation" at present. Austrian economists say, "Not so fast."
Powell isn't a villain for pulling his foot off the money-creation accelerator a little. No, Powell's villainy stems from his role in helping create the boom in the first place.
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the rhetoric surrounding the Federal Reserve.
The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest rate and the market interest rate.
For all of the talk about "our democracy," there is a better way to protect the lives and property of people than just electing politicians. It is called sound money.
The value of the US dollar has risen during the Ukraine war. If peace breaks out, the dollar might be one of its casualties.
Biden has declared that the USA has "zero inflation" at present. Austrian economists say, "Not so fast."
The value of the US dollar has risen during the Ukraine war. If peace breaks out, the dollar might be one of its casualties.
