SNB & CHF

Americans have long thought of themselves as people of action. As Leonard Read noted in his article “How to Gain Liberty,” the sentiment “I want less talk and more action” is (or at least once was) common among Americans. It even extends to situations when people recognize that their liberties are threatened. But then the question arises as to what sorts of action are appropriate in defense of our liberties: Thus speak Americans when they suddenly awaken to the fact...

On this first episode of the Fed Watch Podcast, Ryan McMaken and Senior Fellow Alex Pollock talk about how the Federal Reserve has negative cash flow. The Fed will print money to "solve" the problem. Be sure to follow the Fed Watch Podcast at Mises.org/FedPod. Recommended Reading "The Fed’s Capital Goes Negative" by Alex J. Pollock: Mises.org/FW_01_A "Who Owns Federal Reserve Losses and How Will They Impact Monetary Policy?" by Alex J. Pollock and Paul H....

Overview: The market was gearing up for a June Fed hike and officials and this helped lift the greenback. However, the Fed Governor Jefferson, nominated to be the next vice-chair, pushed back against it. His views are thought to reflect the Fed's leadership. Philadelphia Fed's Harker, who is a voting member of the FOMC also backed a pause. This is not quite what we expected when we suggested the US interest rate adjustment was complete or nearly so. Still, it broke...

Join us on a reporting trip to Israel to film Swiss military observers keeping the peace. Find out more at https://www.swissinfo.ch/eng/the-hunt-for-illegal-weapons/48505140 -- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website:...

Year in and year out, online gambling continues to increase in popularity in Australia. With the industry’s growth, there has been a surge in the number of payment methods available to players. With the many payment options available, AstroPay stands out as one of Australia’s most secure and reliable online gambling options. What is AstroPay? AstroPay is a virtual prepaid card that allows Aussies to make online purchases and transactions, including deposits and...

Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier. Original Article: "Understanding Relationships between Money Supply and Liquidity" [embedded content] Tags:...

A Collection of the Political Writings of William Leggett, selected and arranged, with a preface, by Theodore Sedgwick, in two volumes. (1839) This collection provides important example of populist laissez-faire opinion from the Jacksonian Era in the United States. In terms of economic policy, the Jacksonians favored low taxes, decentralization, and hard-money while opposing central banks and regulation of private business. William Leggett was born on April 30, 1801...

Recently, I had the pleasure of attending a debate about the morality of capitalism between James Otteson and Michael Anton, a defender of economic nationalism. Otteson made a good case for capitalism; however, Anton derailed the debate by choosing to focus on specific policies rather than ethical concerns. Ironically, Anton admits that he has hardly ever picked up an economics textbook. Throughout the debate, Anton made claims that were either misleading or false. I...

American corporations are lavishing billions of dollars on leftist groups in the name of "equity." But many of them also are donating to even more questionable people and causes. Original Article: "The Putrid Underbelly of Woke Capitalism" [embedded content] Tags: Featured,newsletter

[In this 1836 editorial, William Leggett laments how Wall Street and the "privileged" orders of the American upper class employ the power of the state to protect their own financial interests at the expense of ordinary taxpayers. In the nineteenth century, Leggett was an important spokesman for the laissez-faire, populist wing of the Democratic Party which supported hard money.] There is, in the city of Genoa, a very elegant street, commonly called, The Street of the...