Fast Rope

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The Money Supply Grew in November, but the Bigger Trend Is Way Down

by Ryan McMaken via Mises Institute Lee esto en Español Money supply growth rose slightly in November, rising above October’s twenty-one-month low. Even with November’s rise, though, money supply growth remains far below the unprecedented highs experienced during much of the past two years. During thirteen months between April 2020 and April 2021, money supply growth in the United […]

Is Plastic Recycling Just a Big Fraud?

by Dr. Joseph Mercola STORY-AT-A-GLANCE Evidence suggests plastic recycling efforts can have only a minor impact even under the best of circumstances, since plastic can, at best, be recycled once, due to degradation Since 1950, the world has created 6.3 trillion kilograms of plastic waste, and 91% of it has never been recycled Many recycling […]

How Easy Money Inflated Corporate Profits

by Brendan Brown via Mises Institute In the incessant media discussion about whether inflation is transitory there is a big elephant in the room about which all are silent. Perhaps strangely some do not see it. Others for whatever reason pretend it is not there. The elephant is the fantastic surge in US corporate profits that […]

2022: The Year of the Hangover?

by Daniel Lacalle via Mises Institute The global recovery has slowed down significantly since the peak of the reopening effect in June 2021. What many expected would be a multiyear cycle of above-trend growth is proving to be a more modest bounce. Furthermore, according to Bloomberg Economics, the global economy will likely grow in the […]

The Federal Reserve Keeps Buying Mortgages

by Alex J. Pollock via Mises Institute Runaway house price inflation continues to characterize the U.S. market. House prices across the country rose 15.8% on average in October 2021 from the year before. U.S. house prices are far over their 2006 Bubble peak, and remain over the Bubble peak even after adjustment for consumer price […]

Equality and Fairness for All but Property Owners

by Laurence M. Vance via Mises Institute The grossly misnamed Equality Act is a government attack on the rights of private property, freedom of assembly, freedom of association, free enterprise, and freedom of contract. According to the official summary of bill (H.R.5): This bill prohibits discrimination based on sex, sexual orientation, and gender identity in […]

Ending Fiat Money Won’t Destroy the State

by Ryan McMaken via Mises Institute Lee esto en Español A certain meme has become popular among advocates of both gold and cryptocurrencies. This is the “Fix the money, fix the world” meme. This slogan is based on the idea that by switching to some commodity money—be it crypto or metal—and abandoning fiat currency, the […]

“Capitalism Has Failed”

by Jeff Thomas via International Man Today, more than at any time previously, Westerners are justifying a move toward collectivist thinking with the phrase, “Capitalism has failed.” In response to this, conservative thinkers offer a knee-jerk reaction that collectivism has also had a dismal record of performance. Neither group tends to gain any ground with […]