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Tag Archives: Credit
A Culture of Fear
Does easy money play a part in justifying growth of government? Probably not. Continue reading
Empirical Evidence for Austrian Theory
Graph showing greater drop in producer goods industry, rather than consumer goods. Continue reading
Posted in History
Tagged Austrian, boom, Credit, Depression, eichengreen, Great, malinvestment, Theory
20 Comments
Credit as a Panacea
Just because Venezuela has a lower national debt than Greece doesn’t mean that Venezuela is in the clear of major economic trouble. Venezuela suffers from terrible inflation. Continue reading
Garet Garrett’s Invaluable Lesson
Garet Garrett warned of uncontrolled public debt in 1931, and still the lesson has yet to be heeded. A crisis of interventionism, as termed by Ludwig von Mises, is fast approaching. Continue reading
Bubble Economics
A comment on Paul Krugman’s post on the housing market, interest rates and Ben Bernanke. By looking at irrelevant statistics one does nothing to avert future crises of the same nature—credit bubbles do not only form in housing. Continue reading
Why Economic Stimuli Don’t Work
There are already talks of a second stimulus package. This will only bring about greater poverty and greater illusion of recovery. The future remains bleak for world prosperity. Continue reading
Posted in Politics
Tagged aid, Bailout, Credit, Depression, Expansion, Government, inflation, Keynesian, Redistribution, Socialism, Stimulus, taxes, Theft, Unemployment
4 Comments
The Case Against the Issue of Fiduciary Media
Ludwig von Mises on the issue of fiduciary media, from his first book on the topic of money: “The Theory of Money and Credit”. Continue reading
Peter Schiff on the Yuan
Some comment’s on Peter Schiffs recent article on China and the devaluation of the yuan. Continue reading →