Why Fighting Inflation Is Not a Priority for the Fed
On Wednesday, the Federal Open Market Committee (FOMC) held true to its monetary-tightening timeline despite last week’s 10 percent drawdown in most major indices, effectively saying, “10 percent is not enough.” With retail sales numbers that will surely return to trend without
The Atrocities in the Syrian Prison
SAYDNAYA (Syrian prison) IS THE END OF LIFE – THE END OF HUMANITY.-Former guard at Saydnaya "Abu Muhammed" Source – Al Bawaba The condition of human rights in Syria has been another long battle that the country has been fighting. It has
Germany’s New Green Stimulus Plan Won’t Save Their Economy
Germany's government is pushing a new plan for massive spending on a "Climate Fund." This is justified with the usual Keynesian myths about the benefits of government spending. Original Article: "Germany's New Green Stimulus Plan Won't Save Their Economy" This Audio Mises
Understanding the Rothbardian Critique of Free Banking
The free banking debate seems to be a perennially reoccurring event with no resolution in sight. On Twitter, George Selgin recently had a series of tweets and threads again criticizing the “Rothbardian” position on free banking. Although partly due to
Biden’s SCOTUS Moment
Justice Stephen Breyer's retirement gives the Biden Administration something they desperately need: the opportunity to control a news cycle after weeks of bad economic headlines, worse polling, and international tension. In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop
Can State Power Cancel Economic Law?
[In this introduction to his essay "Control or Economic Law," Böhm-Bawerk examines how the reality of the "mixed economy" means we must be able to understand the interplay between market action and the countless efforts to distort the market through state
Washington Still Won’t Admit the Real Cause of Price Inflation
After the Consumer Price Index surged last year to its highest level since 1982, politicians are feeling pressure from constituents to do something about it. On Monday, President Joe Biden announced $1 billion in grants, loans, and other assistance for small
Why Price Deflation Is Always Good News
Most commentators are currently preoccupied with large increases in the Consumer Price Index (CPI), which is labeled as inflation. The yearly growth rate of the CPI stood at 7.0 percent in December against 6.8 percent in November and 1.4 percent
The Fed Has No Real Plan, and Will Likely Soon Chicken Out On Rate Hikes
The Fed’s Federal Open Market Committee (FOMC) released a new statement today purporting to outline the FOMC’s plans for the next several months. According to the committee’s press release: With inflation well above 2 percent and a strong labor market, the
Behind Klaus Schwab, the World Economic Forum, and the Great Reset: Part 2
Bob continues his series on Klaus Schwab, explaining the WEF’s plans for redesigning the world, and providing quotes from Schwab’s book on the fourth industrial revolution. Mentioned in the Episode and Other Links of Interest: Part 1 of this seriesThe WEF’s bio