Page 5 - Mises Wire News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The bubble in the housing market today is bigger than it was before 2008.

Commentary We all love Italy, right? That country was always my favorite place to visit, when I had ...

Anyone interested in what the future of the Covid pandemic looks like, should look no further than Austria. The country that was the foundational home of Ludwig von Mises, is now the home of the next chapter in the Covid hysteria. On December 12, 2021 the Austrian government finally lifted the fourth lockdown, since the Covid pandemic began, but only for vaccinated people.

As of October 2021, housing prices had skyrocketed over 18% year-on-year. Housing prices are far above their 2006 bubble peak, even adjusting for inflation.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

'Heads you loose, tails you loose'

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The Fed has finally abandoned the “transitory” inflation narrative and it appears to be getting more serious about addressing the issue. But how will the central bank really play this?

All this talk of the Fed’s turn away from claiming inflation is “transitory” misses the point.