The Federal Home Loan Bank (FHLB) is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat. But the system needs much more than just "liquidity." It needs sound money and sound banking practices. Original Article: "The Backstops for Banks Are Full of Holes" [embedded content] Tags:...
Read More »Censorship through the Centuries: Free Speech Suppression by the Government and the Mainstream Media
The United States government, which prides itself in being the leading force in defending freedom throughout the world, has a history of putting a muzzle on news organizations and individuals throughout its history. From the early colonial period to the beginnings of the internet, the state has consistently silenced its critics, which seems to be its true nature. The Sedition Act of 1798 Signed into law by the Federalist Party president John Adams on July 14, 1798,...
Read More »How US States Could Pave the Way for Currency Competition
The fiat US dollar, while still the world's "reserve" currency, is being imperiled by reckless actions by monetary authorities. Other countries are taking notice—and action. Original Article: "How US States Could Pave the Way for Currency Competition" [embedded content] Tags: Featured,newsletter
Read More »Myth #7: Deflation — Falling Prices — Is Unthinkable, and Would Cause a Catastrophic Depression
Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. In this program, we present another part of "Ten Great Economic Myths". This material was prepared by Murray N. Rothbard. The public memory is short. We forget that, from the beginning of the Industrial Revolution in the mid-18th century until the beginning of World War II, prices generally went...
Read More »The BRICS Currency Project Picks Up Speed
On Friday, July 7, 2023, news broke in the financial market media that the “BRICS” (that is, Brazil, Russia, India, China, and South Africa) will implement their plan to create a new international currency for trading and financial transactions, and that this new currency will be “gold-backed”. Most recently, on June 2, 2023, the foreign ministers of the BRICS – as well as representatives from more than 12 countries – met in Cape Town, South Africa (interestingly at...
Read More »The Government vs. the People, Kamala Harris Version
It is no surprise to libertarians that what is in the interest of the government might not be in the interest of people in general. More often than not, the government’s interest is directly at odds with the interests of people in general. The countless wars waged by governments throughout history, for which common people paid ultimately with their lies, bear witness to this fact. Wars are also waged on the domestic populations that the government supposedly serves...
Read More »The Dollar is Down
In this episode, Mark looks at the "minor issue" of the value of the dollar. While everything in the economy seems great—including stock markets, price inflation, unemployment, and consumer confidence—the value of the dollar index has fallen 12% during the rebound in stocks since last October. Be sure to follow Minor Issues at Mises.org/MinorIssues. [embedded content]...
Read More »Mercantilism: A Lesson for Our Times?
Mercantilism has had a "good press" in recent decades, in contrast to 19th-century opinion. In the days of Adam Smith and the classical economists, mercantilism was properly regarded as a blend of economic fallacy and state creation of special privilege. But in our century, the general view of mercantilism has changed drastically: Keynesians hail mercantilists as prefiguring their own economic insights; Marxists, constitutionally unable to distinguish between free...
Read More »Belgian Colonialism of the Congo: Facts and Fiction
Stories cannot substitute for historical facts even when people want these stories to be true. With the influence of Black Lives Matter, resurrecting the atrocities of Western colonialism has become fashionable. The death of George Floyd revived a torrent of anticolonialism sentiment in Western societies fueled by resounding demands for governments to atone for the sins of colonialism. Although the colonial legacy of Western powers is tainted by dastardly acts,...
Read More »Exposing the FBI Coverup of Biden Corruption
Robbie "The Fire" Bernstein is a co-host with Dave Smith of the popular podcast Part of the Problem, as well as his own podcast Run Your Mouth. He joins Bob to walk through the shocking and hilarious moves by Biden officials to downplay recent allegations of corruption. Find More from Robbie Including His Tour Dates: Mises.org/HAP404a $5.1M Payment to Biden Businesses: Mises.org/HAP404b Biden Attorneys on The Hunter WhatAspp Message: Mises.org/HAP404c...
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