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May 4, 2021
Mises Institute

By Ryan McMaken

How Trillions in Newly Printed Money Created a Labor Shortage

The US has millions of idle workers. In a normal economy this would put a damper on demand. But in our money-printing economy, consumer demand is surging even as production falls behind. An employment bubble is the result.

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By Thorsten Polleit

The Dark Side of Yield Curve Control Policy

The interest control policy is ultimately an admission of “fiscal dominance.” That is, it is increasingly difficult to deny that the state's budget situation is what dictates monetary policy. Now, monetary policy must first serve the interests of the regime itself.

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By Claudio Grass

The "Miracle Recovery" Narrative: We'll Just Print Our Way to Prosperity

With a new round of panic-induced lockdowns, the situation in Europe is one closely resembling a state of national emergency. Yet the official narrative tells us the European economy is robust and flourishing. Time for a reality check.

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