Category Archive: 6b.) Mises.org

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Quantitative Easing to Infinity and Beyond

2023-04-27

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2023-04-27

On Sunday morning, March 12, Treasury Secretary Janet Yellen told CBS there would be no bailouts. Later in the day the Fed declared quantitative easing to infinity and beyond. What’s going on? Quite simply, the Fed is willing to overpay for debt (again). They call it the Bank Term Funding Program (BTFP), and as far as one can tell, its dollar value is limitless. The term sheet reads: Program: To provide liquidity to U.S. depository institutions,...

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It’s Not Paranoid to Worry about a Central Bank Digital Currency

2023-04-27

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2023-04-27

Contrary to Krugman, DeSantis and others warning about a CBDC aren’t being paranoid: they are simply drawing the obvious conclusions from history. Original Article: "It’s Not Paranoid to Worry about a Central Bank Digital Currency" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Rothbard War Right: Wars Don’t Enhance Freedom. They Destroy Liberty.

2023-04-27

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2023-04-27

Since the beginning of the war in Ukraine, Western leaders have declared that Ukraine was defending not only its own freedom, but ours too. President Joe Biden, to whom apparently “freedom is priceless,” vowed to support Ukraine for “as long as it takes.” In turn, President Volodymyr Zelenskyy stated that the American support for Ukraine is not charity but an “investment in global security”. Other commentators also argue that a Ukrainian victory...

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From the Publisher March–April 2023

2023-04-27

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2023-04-27

Mere inflation—that is, the mere issuance of more money , with the consequence of higher wages and prices—may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not.—Henry Hazlitt, Economics in One Lesson Money is among the most important forms of technology. It solves the fundamental human problem of barter and allows us to transfer value across geography and time. By enabling efficient...

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Why the Dollar Still Beats the Euro and the Yuan

2023-04-27

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2023-04-27

Understanding what turns an ordinary currency into a global reserve currency can help us understand how the dollar could go into decline and give way to competing currencies. Original Article: "Why the Dollar Still Beats the Euro and the Yuan" This Audio Mises Wire is generously sponsored by Christopher Condon.

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ESG: Another Fraudulent Hustle That Progressive Elites Have Foisted on the Economy

2023-04-27

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2023-04-27

The allure of environmental, social, and governance (ESG) goals has hypnotized corporate America into offering ESG funds that score investments for prioritizing social goals. Companies that account for environmental, social, and governance goals in their decisions collectively held $8.4 trillion in US investment assets at the beginning of 2022. Leading investment firm BlackRock more than doubled its holdings to over $500 billion and other players...

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Here’s What Mounting Corporate Layoffs Tell Us about the Economy

2023-04-27

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2023-04-27

Ryan McMaken and Dr. Mark Thornton cover the state of the dollar as global reserve currency, and why employers are laying off more and more of their highest paid workers. [embedded content] PROMO CODE: RothPod for 20% off Subscribe to Mark's weekly Minor Issues podcast at Mises.org/MinorIssues. Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.

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How Australia and New Zealand Helped Provoke and Escalate the First World War

2023-04-26

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2023-04-26

Most Western historians claim that World War I came about because of aggression from Germany and Austria-Hungary. However, Great Britain and its ANZAC allies were not innocent bystanders. Original Article: "How Australia and New Zealand Helped Provoke and Escalate the First World War" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Why the Chinese Yuan Won’t Kill the Dollar

2023-04-26

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2023-04-26

Former US President Donald Trump has expressed concern that China could displace the US dollar as the global reserve currency. The warning follows reports of agreements between various nations to use the yuan in commodity transactions. For years, rumors have circulated about the demise of the US dollar as a global reserve currency, but the greenback continues to be the most traded and extensively used currency in the fiat world. The US dollar is by...

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Banking Crises and the Weaponization of Money and Banking

2023-04-26

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2023-04-26

Recorded in Birmingham, Alabama on April 22, 2023. From the Mises Institute's recent event in Birmingham, Alabama dedicated to the global threat of "The Great Reset". [embedded content]

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Should Local Municipalities Default on Their Debts? Seems Like a Good Idea

2023-04-26

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2023-04-26

Most Americans do not understand debt default. When it is explained, debt default comes off as immorally reneging on the financial obligations of the government. In contrast, libertarians have demonstrated that it is, in fact, moral and beneficial. However, when default is brought up, it is hardly ever discussed in terms of local governments. So, here is why your local government should leave their creditors in the dust. Government issued debt is...

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ESG and Thee

2023-04-26

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2023-04-26

Recorded in Birmingham, Alabama on April 22, 2023. From the Mises Institute's recent event in Birmingham, Alabama dedicated to the global threat of "The Great Reset". [embedded content]

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Why Fox Fired Tucker: BlackRock, Replacement Theory, and the ADL

2023-04-26

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2023-04-26

Why did Fox News fire Tucker Carlson? Some claim that Tucker had planned to leave the network all along, and merely resigned. He had even had a studio built in his own home. He was fed up with Fox and decided to call it quits, so the story goes. But this theory is belied by the fact that Tucker’s production team was taken entirely by surprise by the news. For instance, I received the following text message from Scooter Downey, a producer of Tucker...

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Invading Mexico in the Name of the Drug War Is a Really Bad Idea

2023-04-25

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2023-04-25

Sen. Lindsey Graham recently called for US military intervention in Mexico to fight the drug cartels. Someone needs to remind him that Mexico is a sovereign country. Original Article: "Invading Mexico in the Name of the Drug War Is a Really Bad Idea" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Government Budget Deficits Cannot Stimulate True Economic Growth

2023-04-25

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2023-04-25

Keynesian economists say that during an economic slump, the government must run large budget deficits in order to keep the economy going. In contrast, Austrian economists maintain that increased budget deficits are usually monetized, leading to general price increases. Therefore, from this perspective, the government should avoid increasing budget deficits and instead balance the budget. Government Spending Takes Resources from Wealth Generators...

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Canada’s Legal Counterfeiting Ring Is a Product of Progressive Democracy

2023-04-25

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2023-04-25

In 1934, at the behest of Prime Minister R.B. Bennett and with the approval of Parliament, Canada’s central bank, the Bank of Canada (BOC), was founded. It began operations in 1935. Its job is “to promote the economic and financial welfare of Canada.” It is now 2023, and more than half of Canadians are living hand to mouth, a trend that has been well established for many years. How much longer do we have to wait for the BOC to do its job? The BOC...

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The Ukraine War Isn’t about Democracy. It’s about States Seeking More Power.

2023-04-25

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2023-04-25

Writing for The Volokh Conspiracy, hosted by Reason magazine, George Mason University law professor Ilya Somin argues that the war in Ukraine amounts to a clash between liberal democracy and authoritarian nationalism and that these stakes must be taken into account when continuing to support Ukraine. Somin argues that the ideology of the winning side in a war receives a boost, pointing to the rise and then fall of fascism and communism. These...

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Boeing 737 MAX Disasters’ Root Cause Was Government Regulation

2023-04-25

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2023-04-25

When the Boeing 737 MAX had two crashes, the usual suspects called for more regulation. It turns out that the crashes were due more to regulatory failure than anything else. Original Article: "Boeing 737 MAX Disasters' Root Cause Was Government Regulation" This Audio Mises Wire is generously sponsored by Christopher Condon.

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How Greening the Economy Will Destroy America

2023-04-25

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2023-04-25

Brain-dead Biden and his gang of neocon controllers want to “green” the economy. They use the phony “climate change” hoax, aka “global warming,” as the excuse to do this. Their plans will destroy America’s economy, which is dependent on fossil fuels. They talk a lot about helping the poor and arouse people to hate the rich. But destroying our country’s economy won’t help the poor. Brain-dead Biden’s proposed Inflation Reduction Act ( IRA) is...

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Role Reversal: The Collapse of the Dollar-Enforced Empire

2023-04-24

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2023-04-24

A generation ago, the Berlin Wall fell and the USSR collapsed. Today, US monetary authorities are bringing down our own country. Original Article: "Role Reversal: The Collapse of the Dollar-Enforced Empire" This Audio Mises Wire is generously sponsored by Christopher Condon.

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