Negative Leverage: The Fed’s Latest “Gift” to Apartment Investors
Despite higher rents, investment in new apartments is a losing proposition, thanks to the Federal Reserve.
Despite higher rents, investment in new apartments is a losing proposition, thanks to the Federal Reserve.
While the Secret Service is best known as the guys in sunglasses protecting the president of the United States, the SS actually was created to enforce the fiat money regime during the Lincoln administration.
While mainstream economists and statisticians speak of the “price level,” Austrian economists know better. Using price levels to explain inflation obscures what really happens when monetary authorities explain the supply of money.
A coin collection can tell a lot about this nation's monetary history, and especially what happened nearly 60 years ago after the government debased U.S. coinage. This history is not having a happy ending.
Economist Antony C. Sutton understood one of the most fundamental economic truths: gold is money. Thorsten Polleit reviews Sutton’s classic book, The War on Gold.
A century ago, the German reichsmark went into freefall as the most famous hyperinflation in history exploded the German economy. The repercussions still are with us.
A coin collection can tell a lot about this nation's monetary history, and especially what happened nearly 60 years ago after the government debased U.S. coinage. This history is not having a happy ending.
According to mainstream economists, the expectation of inflation leads to higher prices. That is impossible, however, because actual inflation involves real increases in the money supply.
A century ago, the German reichsmark went into freefall as the most famous hyperinflation in history exploded the German economy. The repercussions still are with us.
Dr. Jonathan Newman is back with Bob to break down Krugman's shifting economic predictions and to consider the trajectory of the US economy.