The weaponization of money is the issue of our time. The politicization of the dollar doesn’t only make us poorer; it empowers the evilest actors in society and undermines the most important foundations of civilization. As Dr. Ron Paul has noted, “It is no coincidence that the century of total war coincided with the century of central banking.”
The Fed is essentially a giant counterfeiting machine. That would be criminal for you, but is legal for JPMorgan’s men under the Federal Reserve Act written by the big bankers. The Fed’s goal is inflating the money supply in order to have unlimited access to money for any project, e.g. warfare and welfare. Otherwise, the government would have to
Recorded at the Mises Institute Supporters Summit, 1 November 2008; Auburn, Alabama. Includes a brief introduction by Mark Thornton. ***NOTE: Beginning at the 1:11 mark, there are technical difficulties with the video feed. The audio, however, is complete and
Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anonymous Donor. Recorded on Friday, 14 September 2012, at the Metropolitan Club in New York
The Free Market 14, no. ( 1996) The Federal Reserve is the most powerful yet least questioned of all Washington institutions. It can make or break elections, bail out entire governments, send the stock market to the stratosphere, or bankrupt whole industries. Yet it operates with less oversight than the CIA. In the past, politicians have only
The Free Market 14, no. 11 (November 1996) It’s a myth that the Federal Reserve is independent of politics. It’s a lie so brazen, in fact, that it’s fit only for Fed press releases. Every administration, to take just one example, tries to get the Fed chairman to time monetary policy so as to insure its reelection. Fed chairmen will play along,
As the financial crisis of 2008 took shape, the policy recommendations were not slow in coming: why, economic stability and American prosperity demand fiscal and monetary stimulus to jump-start the sick economy back to life. And so we got fiscal stimulus, as well as a program of monetary expansion without precedent in US history. David Stockman
Ron Paul has always believed that foreign and domestic policy should be conducted according to the same principles. Government should be restrained from intervening at home or abroad because its actions fail to achieve their stated aims, create more harm than good, shrink the liberty of the people, and violate rights. Does that proposition seem
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.