By Thorsten Polleit, Mises Wire | January 01, 2025 The Bible recounts how the Holy Spirit led Jesus into the wilderness to be tempted by the devil. The devil appeared and first wanted Jesus to turn stones into bread. (In fact, Mises criticized Keynesianism, saying, “the stones do not turn into
By Ireland Owens, Daily Caller News Foundation | November 26, 2024 A Federal Reserve program aimed at bolstering small and medium-sized businesses may now be financially burdening some of them, experts told the Daily Caller News Foundation. The Fed introduced the Main Street Lending Program (MSLP) in 2020, which provided loans
By Brendan Brown, Mises Institute | October 24, 2024 It is hard to exaggerate the importance of China in the future of gold even if the relationship falls short of monocausal. Beijing’s actual course both in economic policy and geopolitics since its giant bubble economy turned to bust — starting circa
By Bob Ivry, RealClearInvestigations | October 24, 2024 In 2021, near the peak of the coronavirus pandemic, investigators tailed a Jeep Cherokee stolen from an airport Avis to a New York City apartment they called a “fraud factory” – no furniture, just an air mattress, a computer, stacks of loan and tax
By Ryan McMaken, Mises Institute | October 03, 2024 Federal Reserve technocrats like to use a variety of slogans and buzzwords designed to make the Federal Reserve look like it’s an apolitical, “scientific” institution guided only by a quest for sound management of the economy. Specifically, nearly every time Fed
By Ron Paul, Ron Paul Institute | September 30, 2024 Many investors, businesses, and consumers cheered the Federal Reserve’s first interest rate cut since March of 2020. The Fed’s 50 basis points interest rate reduction was larger than many Fed watchers anticipated and was followed by suggestions that there
By Frank Shostak, Mises Institute | September 30, 2024 Many economists incorrectly assume a growing economy also requires a growing money stock, assuming that economic growth gives rise to a greater demand for money. It is held that failing to increase money to facilitate increased trade will lead to a decline
Loose fiscal policy and ballooning debt neutralize rate hikes.
Out-of-touch with Main Street
By EJ Antoni, The Daily Signal | March 28, 2024 In 1913, Woodrow Wilson and his progressives promised that the Federal Reserve would avert both depressions and inflation, while preventing the wealthy from controlling America’s financial markets at the expense of the poor. More than a century later, it’s
By Matt Ray, Mises Institute | March 25, 2024 The 2024 presidential primaries have never been in much doubt, but Vivek Ramaswamy emerged from his presidential campaign poised for the future. In part, Ramaswamy distinguished himself with his criticism of the Federal Reserve. For most of the election cycle, scarcely a
By Will Kessler, The Daily Caller News Foundation | March 20, 2024 The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate or its prediction for the year, even as persistent inflation pushes back rate cut expectations. The Fed’s decision not to change rates
By Ron Paul, The Ron Paul Institute for Peace and Prosperity | Mar 18, 2024 President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation. Shrinkflation occurs when businesses
By Ron Paul | Mar 4, 2024 According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to 17.5 trillion dollars. A recent survey by Clever Real Estate found that three in five Americans have credit card debt and that 23 percent
Paul Mueller, The Daily Caller News Foundation | January 15, 2024 While many are cheering the “Goldilocks” economy of 2023, we should be concerned about the return of three “bears” in 2024: the Federal Reserve, geopolitical dynamics and Uncle Sam. Given the glowing reports about the U. S. economy in 2023,
Troubles in this sector tend to trickle down to residential real estate and the overall banking sector.
