Tag Archives: Featured

Despite slumping markets, the decentralized finance (DeFi) industry continued to grow last year, driven by sustained funding activity and increased user adoption. In 2022, DeFi users growth averaged 44% quarter-over-quarter (QoQ), according to a report by crypto fund HashKey Capital. In Q3 2022, the industry reached a milestone, surpassing the five million DeFi wallet threshold. This growth came amid sustained support from investors in the cryptocurrency sector. In...

If we have learned anything from hundreds of years of government oppression and atrocities, one thing is certain: government isn't our friend. Original Article: "Government Is as Government Does" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags: Featured,newsletter

During the past few weeks, Donald Trump has been releasing some of his proposals if he were to win the election in 2024. While many of his positions pose great danger to personal liberty, such as his plan to “end crime and keep Americans safe,” his proposals on tariffs are up there in terms of ignorance. In a video posted on February 27, Donald Trump released his plan to “end our reliance on China.” In the short video, Trump claims that his plan would increase...

UBS today announced the takeover of Credit Suisse. This takeover was made possible with the support of the Swiss federal government, the Swiss Financial Market Supervisory Authority FINMA and the Swiss National Bank. With the takeover of Credit Suisse by UBS, a solution has been found to secure financial stability and protect the Swiss economy in this exceptional situation. Both banks have unrestricted access to the SNB’s existing facilities, through which they can...

The current job market strength partly reflects the ongoing monetary overhang from years of breakneck growth in money-supply inflation. The $6 trillion in money that was newly created since 2020 is still very much a factor. Original Article: "The Fed's Huge Monetary Overhang Keeps Job Totals Up as Real Wages Fall" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content]...

This past weekend saw extraordinary actions by the Fed to address the meltdown of Silicon Valley Bank. Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings? Bob's study guide to A Theory of Money and Credit: Mises.org/HAP387a Jeff on the Fed as the ultimate bank: Mises.org/HAP387b [embedded content] [embedded...

Teaching high schoolers economics means teaching Austrian principles. Original Article: "The Balfour Declaration" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags: Featured,newsletter

There are many excuses often used to explain inflation. However, the fact is that there is no such thing as “cost push inflation” or “commodity inflation.” Inflation is not an increase in prices, it is the destruction of the purchasing power of the currency. Cost-push inflation is more units of currency going to relatively scarce real assets. The same can be said about all other, from commodities to demand and my favorite, “supply chain disruption.” More units of...

It was widely understood that the Federal Reserve would raise rates until one of three things took place: inflation was clearly on course to return to the target, the labor market would weaken precipitously, or systemic stress threatened. At the same time, the shocks we have had to cope with, Covid, supply chains, and Russia's invasion of Ukraine were commonly cited, and the. The re-pricing of assets as interest rates began normalizing may have been...

SVB Bank and Signature Bank failed this week and were bailed out. Mark explains why the banks failed and why it was bound to happen. The minor issue is that the total FDIC bailout fund is actually smaller than either one of the banks. Be sure to follow Minor Issues at Mises.org/MinorIssues. [embedded content] Tags:...