Dr. Mark Thornton joins Mises Weekends to explain the “business cycle” for what it really is: a series of booms (credit expansion) and busts (debt de-leveraging) engineered by central banks.
Tag Archives | Federal Reserve
Dr. Ron Paul joins Jeff Deist to talk about his decades as a congressman fighting the Fed, his efforts to legalize the use of gold and silver as untaxed currency, and his involvement with sound money initiatives in states like Arizona and Wyoming. Plus, Dr. Paul shares some great anecdotes about Reagan’s Gold Commission, Alan […]
by Ron Paul As Independence Day comes around again we should spend a few moments between barbecue and fireworks to think about the meaning of independence. The colonists who rebelled against the British Crown were, among other things, unhappy about taxation. Yet, as economist Gary North points out, the total burden of British imperial taxation […]
Arguments for a “rules based” Fed are gaining momentum on both the political Left and Right— and even among some libertarians. Would the adoption of ideas like NGDP targeting and the “Taylor Rule” really make make the Fed less dangerous? Would they be an improvement on the Fed’s current discretionary approach? Can monetary “rules” really […]
by Jeff Deist [Adapted from a talk at the May 20 Seattle Mises Circle, “House of Cards: Has the US Economy Recovered?”] I think we can all agree that the state of the economy has little to do with Donald Trump, at least for the moment. But the stock markets have been riding high since his […]
By Ron Paul Congress ended the week by passing a continuing resolution keeping the government funded for one more week. This stopgap funding bill is designed to give Congress and the White House more time to negotiate a long-term spending bill. Passage of a long-term spending bill has been delayed over objections to Republican efforts […]
Danielle DiMartino Booth is a former Dallas Fed staffer and author of the new book ‘Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America’. She joins Jeff Deist to talk about her years watching Ivy League PhDs make gross and fundamental errors in an almost comically cloistered environment.
By Ron Paul Audit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight and Government Reform. This means the House could vote on the bill at any time. The bill passed by voice vote without any objections, although Fed defenders did launch hysterical […]
Testifying in support of his Sound Money bill, HB2014, Finchem gives examples to help explain what inflation is. He notes that there has “been this quiet theft going on over time…”