“Last month, Philipp Bagus and Andreas Marquart released their new book…”
Source: Our Monetary System Favors the Rich and Hurts the Poor | Mises Wire
Archive for the ‘Federal Reserve’ Category
America Needs a Dose of Strong, but Necessary Medicine
25
Jul
The Fed’s easy money policies always ends in a bust…the sooner the better.
Source: America Needs an Old-Fashioned Depression
What Donald Trump should have said last night
22
Jul
Donald Trump’s acceptance speech at the Republican convention last night could have been a lot shorter and focused on espousing the virtues of limited government and free enterprise.
First, Donald should have used several props, such as the first 1040 form, which was only four pages long. He should have said that a tax return of 1914 was simple and allowed the federal government to raise the funds it needed to pay for its expenses 100 years ago, when only 2% of the American people had to pay any income tax. In addition, today large and medium-sized businesses need an army of accountants and attorneys to comply with the tax code. That’s money that cannot be used to buy better equipment, modernize their factories, and thus make American workers more productive, which would earn them higher salaries.
You can just call me Jeff
20
Jul
Tom DiLorenzo sent me a copy of his new book, The Problem With Socialism, with the following inscription. You can hear Tom Woods interview Tom here. This book should be a best seller based on my review of the contents. I will read it ASAP and discuss it in a future post.
An insider warns about excessive debt
20
Jul
“John Mauldin, Financial Expert, Best-Selling Author, and Editor of Thoughts from the Frontline Investment Newsletter. Offering Financial & Economic Analysis, Research.”
Source: MauldinEconomics.com
A gloomy assessment of the future
20
Jul
“Six Major Events That Will Change History By Egon von Greyerz Investors globally have never faced risk of the magnitude that the we are now exposed to. But sadly very few are aware of the un…”
Source: Six Major Events That Will Change History | GoldSwitzerland
Field trip with my colleagues to the Museum of American Finance
19
Jul
I spent this morning with three of my colleagues visiting the American Museum of Finance on Wall Street, down the street from the NYSE, the Trump building and a couple of blocks form the New York Fed. Last week I joined the AMOF and will organize a trip in September for my Financial History of the US course. I urge you to join at www.moaf.org
Below are some pictures I took inside the museum. If you will be visiting NYC, I highly recommend spending some time viewing the exhibits, which show how American finance was instrumental in creating our prosperity.
Bull and bear tug of war
Evolution of paper money
Gold, real money
Statue of Hamilton next to a room housing a collection of his works
Debt is crushing the global economy
17
Jul
“Max Keiser Financial War Reports”
Source: [KR940] Keiser Report: Gold & World’s Debt Problems | Max Keiser
Here’s how the Fed could surprise you
15
Jul
Central banks’ manipulations are causing enormous distortions in the financial markets and the economy. The next bubble bursting will be HUGE.
“Markets don’t believe the Fed will really raise interest rates this year, but traders may be missing something.”
Source: Here’s how the Fed could surprise you
US Dollar RIP?
15
Jul
Will all the Federal Reserve’s money printing lead to big collapse?
Source: Get Ready for Dollar Destruction and the End Game