banking

SEC Warns of ‘Potentially Unlawful’ Platforms That Trade in Cryptocurrency

by James Holbrooks | Mar 8, 2018 | Blog

This article originally appeared at Anti-Media. A federal crackdown may be looming over the cryptocurrency world. On Wednesday, the Securities and Exchange Commission (SEC) published a warning on “potentially unlawful” online platforms used to trade digital...

SEC Warns of 'Potentially Unlawful' Platforms That Trade in Cryptocurrency

by James Holbrooks | Mar 8, 2018 | Blog

Janet Yellen Powell Puts On Some Pants And A Tie

by David Stockman | Nov 4, 2017 | Featured Articles, Foreign Policy

It can't get any worse than this. Jerome Powell is a Wall Street-coddling Keynesian and Washington lifer who passes for a Janet Yellen replica---that is, save for his tie and trousers and his as yet underdeveloped capacity to whine pedantically. During his years on...

With Bank Bailouts, Italy Secures Moral Hazard

by Eric Schuler | Jun 30, 2017 | Economics, Featured Articles

Over the past weekend, two more Italian banks were forced to close due to insolvency. As is often the case, bad loans were the cause of the downfall for both banks. They made too many risky bets on borrowers that didn't pay off. Banca Populare di Vicenza SpA and...

4/10/17 Robert Murphy on the economy from an Austrian economics perspective

by Scott Horton | Apr 10, 2017 | The Scott Horton Show

Robert Murphy, an author, scholar, and professor, discusses the core premises of Austrian economics; the artificial business cycle of booms and busts; fractional reserve banking and the Federal Reserve System; and lending policy and business decisions.

Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market

by Frank Shostak | Jan 16, 2017 | Economics, Featured Articles

The so-called multiplier arises as a result of the fact that banks are legally permitted to use money that is placed in demand deposits. Banks treat this type of money as if it was loaned to them, thus loaning it out while simultaneously allowing depositors to spend...

6 Million Americans Have Stopped Paying Their Car Loans

by Matt Turner | Dec 2, 2016 | Economics, Featured Articles

There is a lot of talk out there about the auto-loan market right now. Hedge fund manager Jim Chanos has said the auto-lending market should "scare the heck out of everybody," while the auto-lending practices of some used-car dealerships has been given the John Oliver...

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Free Book: An Anarchist Critique of the COVID Mandates

I’ve had the opportunity to write a short book offering what is essentially an anarchist critique of COVID mandates. This includes the accusation that states did most of the killing rather than the virus. The 123-page book, Measuring the Mandates: Questioning the...

Democratic Socialist Turns Libertarian! #PorcFest2023

https://youtu.be/G2eSuiXNaaQ Once you accept the principle of government, namely that there must be a judicial monopoly and the power to tax, once you accept this principle incorrectly as a just principle, then any idea or any notion of restraining or limiting...

What War Hawks Would Sound Like If They Weren’t Psychopaths

Modern warfare almost always leads to killing lots of innocents; if governments were held to the same standards as individuals, these killings would be manslaughter, if not murder. This doesn’t mean that war is never justified. But the reasonable hawkish mood is...

The Free Market Serves the Masses, Governments Commit Genocide

Amazon is simply the best store that ever existed, by far, with incredible selection and unearthly convenience. The price: cheap. Facebook, Twitter, and other social media let us socialize with our friends, comfortably meet new people, and explore even the most...

Democracy is Mob Rule by the Ignorant, Embrace Free Markets

https://youtu.be/kQToT7640h4 A democratic vote is like the captain of a ship having to consult every passenger about the best course to chart through an approaching storm. – The School of Life, Philosophy in 40 Ideas (2020), p. 13 Watch on Odysee

The Truth About Discrimination – Walter E. Williams

If people are free to discriminate in favor of, or against, a university or wine, what argument can be made against their having that same right with respect to choosing based on the race or sex characteristics of their mates, employees, tenants, or club members? If...

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