Mises Media

Longer, Higher for Longer

Mark Thornton argues that interest is a core price that coordinates time, investment, and growth, and that the Federal Reserve has turned it into an administered number. Mark warns the long-run trend may be turning: bigger states and debts, weaker anti-inflation ideology, and aging populations imply longer, higher for longer. What are the implications? Keep that 2% Covid-era mortgage, expect poor long-bond returns and lower real equity performance, and look for commodities to fare relatively better. Gold’s surge shows some investors already see the shift. Be sure to follow Minor Issues at https://Mises.org/MinorIssues [https://Mises.org/MinorIssues]

Modern Marriage and the Homeownership Rate

Data shows that the marriage rate and the homeownership rate have been closely connected for decades. Historically, more marriage means more home buying, but government intervention has made buying a home much harder.  Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard [https://mises.org/RadioRothbard] Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug [https://store.mises.org/Radio-Rothbard-Mug-P11280.aspx] PROMO CODE: RothPod for 20% off [https://store.mises.org/Radio-Rothbard-C201.aspx]

Inflation, Interventionism, and Intergenerational Resentment

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict. Original article: https://mises.org/mises-wire/inflation-interventionism-and-intergenerational-resentment [https://mises.org/mises-wire/inflation-interventionism-and-intergenerational-resentment]

Trump is Winning Over the Fed

On this episode of Power and Market, Ryan, Connor, and Tho break down the latest FOMC meeting, the real takeaways from Powell’s Fed talk, and the continuing realities of Obamacare. Don't miss your chance to get a copy of Ryan McMaken's The Fight For Liberty: Past, Present, and Future during our year-end fundraising campaign. Donate before December 8th and have it doubled! Learn more here. [https://mises.org/mises-wire/chance-double-your-gift-1]

Bursting the Bubble that Was FDR

David Beito’s new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has dominated the US history profession. That is a good thing. Americans should know how FDR’s presidency led to one disaster after another. Original article: https://mises.org/mises-wire/bursting-bubble-was-fdr [https://mises.org/mises-wire/bursting-bubble-was-fdr]