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Tag Archives: great depression
Taxation by Inflation
Inflation is a hidden and intentionally deceptive form of taxation. Governments love to be off the gold standard and use fiat currencies that allow them to inflate without controls (especially when all the other governments are also on fiat currencies). … Continue reading
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Tagged economics, fed, great depression, housing bubble, inflation, monetary inflation, taxes, theft
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Socializing Your Retirement More
Democrats in the house are now talking about socializing 401(k) plans. The plan that is being put forward would stop tax breaks on your 401(k) and would begin “redirecting those tax breaks to a new system of guaranteed retirement accounts … Continue reading
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Tagged 401k, great depression, intervention, pessimillenialism, regulation, social security, socialism
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Ron Paul vs. Alan Greenspan
The important fact to remember when considering the current economic crisis is to remember that people like Ron Paul, who hold to austrian economics, predicted it. They pointed out years ago that what Greenspan was doing would cause such a … Continue reading
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Tagged alan greenspan, austrian economics, economics, federal reserve, great depression, ron paul
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I Can’t Agree With Socialism
Ron Paul was on Fox Business on Tuesday after the President explained how the bailout of banks would be done.
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Tagged bailout, great depression, ron paul, socialism
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Wall Street Journal on Monday’s Market Rise
The Wall Street Journal has some interesting facts concerning Monday’s 11% gain in the market. The article, Dow Takes Giant Leap as Bailouts Snap Gloom, explains that this was the fifth biggest percent gain in the history of the Dow. … Continue reading
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Tagged bailout, great depression, stock market
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The Cause of Economic Ups and Downs
The current economic crises involving Fannie Mae, Freddie Mac, AIG, and the government has caused a host of activity by the federal reserve and the treasury. Most people are looking to the government to solve the problem. If only the … Continue reading
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Tagged austrian economics, great depression, hoover, intervention, roosevelt
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America’s Great Depression
At the Mises Institute you can download or read online America’s Great Depression for free. Many of the other books I mentioned yesterday are available for free at the Mises website.
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Tagged austrian economics, fed, great depression, inflation
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