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Thoughts?
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I'm relatively new to researching economics, so I guess you could say I'm a beginner in my understanding of economics. I've been a libertarian for a couple of years, but I'm only in high school, so my knowledge is somewhat limited. So far I've read The Revolution by Ron Paul, Economics...
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Hello all. This is my first post at the Mises Forum. In the last few month I've taken interest in Austrian economics. I'm just about fininshed with Robert Murphy's Lessons for the Young Economists . I've read Murphy's Politically Incorrect Guide to the Great Depression and the New...
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Bill Fleckenstein recommends gold above all as a hedge against money printing from the Fed and the ECB. In one or two years you'll be thankful, he tells King World News : Tomorrow the Fed is probably going to bring QE3 and meanwhile Europe is in a state of disarray. All of that will sort itself out...
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Central bankers often remark that Central Banks were formed due to inumerable bank panics before their formation, when a free banking system reigned. I am sure this is an incorrect account of history, but I do not have the time to do my research. So, maybe someone can tell me if this is a true account...
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where can i find the best online archive source for early american pamphlets,newspapers and publications?
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I don't know what FascistSoup is talking about. Socialist propaganda? I have never in my life heard any socialist try to convince anyone the Fed is a private entity. Are you just throwing out buzz words like shit against a wall to see what sticks? From the horse's mouth : "it is an independent...
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Found this page: http://www.usagold.com/federalreserve.html Could someone here explain the discrepancy here between their view and the view of Austrian economists, i.e. why usagold.com is wrong? I would really appreciate it as I am a bit confused on this. Thank you very much! EDIT: I also found this...
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Hypothetical question : If the US Treasury/ Federal Reserve were to make an announcement saying that the US will never be returning to the gold standard (and fiat currency were permanent), and the Fed would no longer hold gold in its vaults, what would be the impact? What would be the attractiveness...
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Whenever discussing the Great Depression, it is always argued that high interest rates imposed during the Great Depression (Specifically 1931) worsened the Depression because investment was curtailed. This of course seems to run contrary with what an Austrian would argue. There was obviously credit inflation...