Don’t Call It Capitalism: The Fed’s $8 Trillion Hoard of Financial Assets

Now would be a great time to stop pretending that the financial sector is “free market” or that price inflation and cost-of-living surges are somehow all the fault of “capitalism.” Original Article: “Don’t Call It Capitalism: The Fed’s $8 Trillion Hoard of Financial Assets” This Audio Mises Wire is generously sponsored by Christopher Condon.  […]

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The State Will Always Set the Rules in Its Favor

Remember Lady Justice, who wears a blindfold and holds the scales? She is a state creation, too, and when it comes to state wrongdoing, her thumb holds the scales down. Original Article: “The State Will Always Set the Rules in Its Favor” This Audio Mises Wire is generously sponsored by Christopher […]

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The Fed Is a Purely Political Institution, and It’s Definitely Not a Bank.

The Federal Reserve is no more “private” than the Environmental Protection Agency, and through its special government status, the Fed inflicts many economic crimes on regular people.  Original Article: “The Fed Is a Purely Political Institution, and It’s Definitely Not a Bank.” This Audio Mises Wire is generously sponsored by Christopher […]

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Do Correlations Help Define Money?

According to popular thinking, the government’s definition of money is of a flexible nature. Sometimes it could be M1, and at other times it could be M2 or some other M money supply. M1 includes currency and demand deposits. M2 includes all of M1, plus savings deposits, time deposits, and […]

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Concentrate Where the Murders Are Concentrated

One of the principles of good public policy is to focus efforts on understanding social problems and searching for effective responses where those problems are serious, not where they are minor or missing. Local problems justify locally focused and decided policies, problems that have effects that are more widely spread […]

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Is Economics a Dead Discipline?

Professor Per Bylund of Oklahoma State University, author of How to Think About the Economy joins Jeff and Bob to dissect how economics went so badly wrong. A discipline rooted in theory, axioms, and deduction has devolved into statistics, models, and hard science envy. Is the economics profession doing any […]

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Raise the Social Security Age to (At Least) 75

On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027, workers in France would have to work 43 years to qualify for a government pension, instead of 42 years. French workers promptly took to the street in […]

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After the Boom Must Come the Bust

The Federal Reserve has created a huge boom full of bubbles. But after the boom must eventually come a bust. Ryan and Tho talk to Mises Institute Senior Fellow Mark Thornton about what to expect from the next recession and how we got ourselves into our current inflationary mess.  Recommended […]

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America, Brazil, and the Illegitimacy of Weaponized Democracy

The similar challenges facing America and Brazil, including concerns about the state of their democracies, is worthy of exploration, as is the global response to the protest and what that response means for those opposed to the current “neoliberal” international order. Original Article: “America, Brazil, and the Illegitimacy of Weaponized Democracy” […]

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The State Uses Trauma as a Weapon against Innocent People

Whenever an armed conflict breaks out, regardless of where it is, we are instantly presented with the number of people killed, along with how many families and entire communities have been forced from their homes. As regrettable as it sounds, those of us who have been so lucky to remain […]

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Wholesale Price Inflation Is Slowing as Economy Worsens

The US Bureau of Labor Statistics released new Producer Price Index (PPI) data on Wednesday, and it looks like the rate of increase in price inflation is slowing. Nonetheless, year-over-year price inflation in December remained near 40-year highs, and shows the marketplace is still dealing with the nearly six-trillion-dollar surge in the […]

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The New Rules of Engagement

Not that long ago, my grandparents explained to me why they never discussed politics, religion, or sex in mixed company. Politeness was their currency. And why antagonize people or create ill will over private matters? Fast-forward to 2023, and their advice seems needed more than ever. Today nothing is private; […]

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Crypto Custody… At the Fed?

By: Robert Aro The idea that billionaires would gather behind closed doors and discuss the fate of the world is no longer conspiracy. The more you read, the more you’ll see. The plans are laid out in plain sight. Take a look at this chart from the World Economic Forum […]

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Since Covid Lockdowns, New York Lost More of Its Population than Any Other State

The migration data from 2020 to 2022 backs up the idea that a great many people are moving from restrictionist covid states to states where the public health technocrats have less power. Original Article: “Since Covid Lockdowns, New York Lost More of Its Population than Any Other State” This Audio Mises Wire […]

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How Capitalism Made Christmas a Holiday for Children

It is no coincidence that the boom in mass-produced goods made specifically for children, “coincided closely with the rise of the middle-classes, industry, and capitalism.”  Original Article: “How Capitalism Made Christmas a Holiday for Children” This Audio Mises Wire is generously sponsored by Christopher Condon.  Powered by WPeMatico

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Can Increases in the Supply of Gold Lead to Boom-Bust Cycles?

While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles. Original Article: “Can Increases in the Supply of Gold Lead to Boom-Bust Cycles?” This Audio Mises Wire is generously sponsored by Christopher Condon.  […]

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The Fed’s Quantitative Easing Gamble Costs Taxpayers Billions

[Reprinted with permission of the authors.] The year 2023 is shaping up to be a challenging one for the Federal Reserve System.  The Fed is on track to post its first annual operating loss since 1915. Per our estimates, the loss will be large, perhaps $100 billion or more, and this cash […]

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Governments Will Make You Poorer Again

The International Monetary Fund (IMF) has warned about the optimistic estimates for 2023, stating that it will likely be a much more difficult year than 2022. Why would that be? Most strategists and commentators are cheering the recent decline in price inflation as a good signal of recovery. However, there […]

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The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off

Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We’re supposed to be horrified and worried that the US might default on some of its debt. Some commentators will insist the US has never defaulted, and that default be a […]

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Davos: Has Globalism Peaked?

Jeff and Bob break down this week’s Davos WEF conference and consider whether global elites really have the mechanisms to impose their plans. Johnny Vedmore’s analysis of Schwab’s origins: Mises.org/HAP379a Scott Greer says America’s right-want needs to stop dwelling on Schwab: Mises.org/HAP379b Schwab bragging about penetrating Cabinets: Mises.org/HAP379c Powered by WPeMatico

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