From Mises Institute <[email protected]>
Subject How to Think About the Fed Now
Date April 16, 2020 7:59 PM
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** April 16, 2020
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** By Jeff Deist
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** How to Think About the Fed Now ([link removed])
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The Fed is, in effect, a lawless economic government unto itself. It is the lender of first resort, a kind of reverse pawnshop that pays top dollar for rapidly declining assets.

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** By Ryan McMaken
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** Central Banks around the World Embrace Unprecedented "Quantitative Easing" ([link removed])
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From New York to London to Brussels to Tokyo, central banks in the last two weeks have embraced a wide variety of extraordinary inflationary measures to prop up insolvent banks and governments.

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** By Frank Hollenbeck
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** Why Americans Don't Have Any Savings ([link removed])
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Central bankers think too much saving is a problem that must be solved with more money creation. But the real problem is the Keynesian-style fractional reserve banking system.

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** By András Tóth
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** In an Age of Pandemics We Need More Freedom to Trade, Not Less ([link removed])
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It is thanks to global trade that we now have access to many more resources for treatment and prevention of disease, including COVID-19.

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