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Hello. This is my first post on the mises.org forums. I have been reading the articles on this site for over five years now, and I have also been keeping up with libertarian and anarcho-capitalist news for about the same time. I am familiar with the basics of Austrian economics and have read some Austrian...
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http://mhpbooks.com/books/debt/?id=308 Claims money was established by kings/states. Denies that barter was the start of money. So far this book has glowing reviews (mostly from socialists) but does anyone who has read it know how accurate his claims are?
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Hello, I seem to remember a quote from Ludwig Von Mises about GDP to debt level percentage. Once it passes 78% it severely limits economic growth. Can anyone help?
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FED came into existance in 1913 for the purpose of controlling the money supply by lending to banks at higher or lower interest rates. I just read from wikipedia that this interest after expenses goes to the treasury. I think this interest must be a LOT. What does the treasury do with this amount? Case...
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Two parts to this hypothetical: 1. Pretend China gives next week as a deadline of when we have to pay them back. We don't have the money, so we'll have to liquidate assets. What do you think would be liquidated first, second, etc.? 2. Pretend we have no assets to liquidate. What do you think...
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With the enormous amount of deficit spending of the past decade, why have we not seen massive inflation yet?
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The US citizens cannot sustain our current lifestyle if we just cook hamburgers for each other, sue each other, sell each other life insurance & financial advice to each other, clean each others toilets, clean up the environment, distribute & sell imported consumer products, get on some US government...
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I would like some financial advice from some people that understand inflation and how it effects personal debt. I know that the intent of this forum is not for people just looking for financial advice, but I think that discussion in this area would be beneficial to more than just me. I am a recent college...
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The US government paying off the national debt by borrowing more money, and/or printing more US bonds and selling them. This is an over simplification, but when these existing US bonds come due, the US government redeems these bonds with US dollars that are raised by selling more freshly printed new...
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I foolishly bought a duplex at the height of the bubble about 5 years ago. it obviously has fallen in market value since my purchase. it is valued well below what i owe on it. fortunately, I have had little trouble renting out the upper unit while I occupied the lower. that have covered more than half...