Excerpted from Lecture 1 of “Basics of Economics: An Introduction to the Free Market.” For more information, or to enroll in one of Dr. Murphy’s courses, visit http://academy.mises.org via ▶ The Historical Gold Standard | Robert P. Murphy – YouTube.
Tag Archives | Federal Reserve
By Christopher Westley: The Democratic Party gained prominence in the first half of the nineteenth century as being the party that opposed the Second Bank of the United States. In the process, it tapped into an anti-state sentiment that proved so strong that we wouldn’t see another like it until the next century. Its adversaries were […]
PBS promised a “debate” this past Friday night on the “benefits and dangers” of the Federal Reserve as the Fed marks its 100 years of existence tomorrow. Instead of a debate, two famous stock market historians made the same stunning announcement – that the Fed has decided its job is to push up the stock […]
Ron Paul on CNBC: “The Fed is Schizophrenic” via Ron Paul on CNBC: “The Fed is Schizophrenic” | Peace . Gold . LOVE.
The value of Remy’s soon-tob-be Christmas classic can only be determined after adjusting for inflation. via ▶ All I Want for Christmas is U… (Remy’s Holiday Ode to a Sound Monetary Policy) – YouTube.
Harry Reid in 1995: I think we should audit the Federal Reserve As leader of the senate, WTF Harry? via ▶ Harry Reid in 1995: I think we should audit the Federal Reserve – YouTube.
100 years ago, this December, the United States Congress created a central bank today, we know it as the Federal Reserve Bank of the United States. What most people don’t know is that the bank isn’t a federal entity and candidly, it really has nothing in reserves. Is the Federal Reserve good for the United […]
The Chairman of the Federal Reserve System (the Fed), Ben Bernanke, admitted in January that there are no options left to “stimulate” the economy. For those unaware of the function of the Fed, it’s sole purpose is to manage employment and inflation through the country’s monetary policy. Unfortunately for the Fed and Keyneisan’s, their record […]