July 13, 2022 How Bad Were Recessions before the Fed? Not as Bad as They Are Now By John Kennedy The Federal Reserve was supposed to prevent recessions that people blamed on the lack of central banking. Not surprisingly, the post-Fed recessions have been worse. LISTEN NOW Contra Ben Bernanke, the Gold Standard Promotes Economic Stability By Frank Shostak Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles. LISTEN NOW GIVE TODAY view this email in your browser Copyright © 2020 Mises Institute, All rights reserved. Our mailing address is: 518 West Magnolia Avenue | Auburn, Alabama 36832-4501 PHONE 334 321-2100 | FAX 334 321-2119 | [email protected] Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.