How Long Will Cheap Debt Bail Out Automakers? | Mises Wire

This week, the Commerce Department reported that consumer spending was heading upward, thanks in part to the strongest sales in six months for automobiles. For the automobile industry, that’s reassuring, but the larger trend points to a period of stagnation.
— Read on mises.org/wire/how-long-will-cheap-debt-bail-out-automakers

Bring Back Interest Rates! | Mises Institute

Let interest rates rise. Better yet, let interest rates function in the marketplace, wholly independent of central bank attempts at rate-setting or targeting.How? Not through a laughably small and slow process of Fed tapering, but through a wholesale and aggressive selloff of assets still polluting the Fed’s balance sheet since it began aggressively those assets from commercial bank in 2008.
— Read on mises.org/power-market/bring-back-interest-rates