Recap of Mises University
2024-08-09
Wow, what a week Mises University 2024 was! I have been a Mises University faculty member for over 30 years, and this—the 38th year of Mises U—may have been the best! Students came from 12 countries, 29 states, and 69 colleges and universities, including Yale and Princeton. The faculty, always outstanding, was truly inspiring and the students responded with great enthusiasm and endless questions.A true highlight of the week was the presentation by Dr. Robert Malone, our special guest speaker. Dr. Malone discussed his forthcoming book, “PsyWar: Enforcing the New World Order” (written with his wife, Jill). It was an engaging and important talk, and the students were utterly captivated by it. You can also listen to this engaging talk here. As of this writing, it has 355,000 views!Dr. Malone
Money-Supply Growth Accelerates as Wall Street Demands Even More Easy Money
2024-08-09
Money-supply growth rose year over year in June for the second month in a row. This is the first time the money supply has grown for two months in a row since October of 2022. The current trend in money-supply growth suggests a significant turnaround from more than a year of historically large contractions in the money supply that occurred throughout much of 2023 and 2024. As of June, the money supply appears to be, for now, in a period of stabilization.The money-supply growth of May and June ends an eighteen-month period during which the money supply repeatedly contracted, year over year. In June, YOY growth in the money supply was at 0.24 percent. That’s the same as the May 2024 increase, and was a large reversal from June 2023’s YOY decline of 12.5 percent. Until recently, the US money