The Housing Market: The First Casualty in the Fed’s Fight Against Inflation
A case study
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Market Coiling
As a market sits in a range of prices, the next question becomes: will the price break higher or lower? Surely in a fiat-money environment, such a market will do one thing or another, but not stay in the range forever.
The Panic of 1837: An Austrian View
In this case, the blame falls largely on Andrew Jackson and his destruction of the Second Bank of the United States.
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Hundreds of police officers and armed personnel have been deployed to the high-altitude Nagqu prefecture, clambering through rubble and setting up temporary shelters under freezing conditions as search efforts intensify.