Ludwig von Mises

How Central Banking Increased Inequality

"The rise in income inequality over the past 30 years has to a significant extent been the product of monetary policies fueling a series of asset price bubbles. Whenever the market booms, the share of income going to those at the very top increases."

3 Things To Remember On Independence Day

It's difficult to say what most Americans commemorate or celebrate on Independence Day nowadays. Many appear to focus on some vague notion of "America." Lost in all of this is the fact that the Declaration of Independence - the document we're supposed to remember today - is a document that promotes secession, rebellion, and what the British at the time regarded as treason.

If We Want "Unity"... Government Must Become Weaker

It is becoming increasingly clear that the United States is becoming a country in which every election brings a perceived mandate to forcefully - and even vengefully - impose the winning coalition's agenda on the losers...

Exposing Our Lawless Central Bank

"...it is becoming increasing important - in our current age of 'non-traditional' monetary policy - to take note of the fact that central banks, and especially the Federal Reserve, are essentially unrestrained by law."

Civil Asset Forfeiture: Another Stealth Tax

When you're a government agency, asking for a tax increase is always a hassle. For the most part, taxpayers don't like taxes, and if asked if they want to pay more, they're likely to often say "no." Moreover, when public officials pass tax increases, they may face the wrath of taxpayers at the ballot box. For this reason, governments are always looking for ways to get revenue without having to use tax revenue.

The Cultural Consequences Of The Federal Reserve

"We become more materialistic than under a natural monetary system. We can’t just sit on our savings anymore, and we have to watch our investments constantly, and think about revenue constantly, because if it is not earning enough, we are actively getting poorer."

Less Than Zero: How The Fed Killed Saving

"...this is NOT accidental... In fact, it has happened so often throughout history that there's actually a playbook (for the government) when you get to this stage. It's called Financial Repression..."