Money and Banking

Displaying 1 - 10 of 1984

Sovereign Debt is Eating the World

Financial MarketsWorld HistoryMoney and Banking

Blog11/11/2023

Sovereign debt is eating the world. Lining up a financial crash that could make 2008 look like a picnic. How did we get here?

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Rothbard: Understanding the History of Banking from an Austrian Perspective

Central BanksAustrian Economics OverviewBusiness CyclesMoney and Banking

Blog11/07/2023

Jesús Huerta de Soto reviews Murray Rothbard's A History of Money and Banking in the United States: The Colonial Era to World War II.

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Is the Money in Your Checking Account Yours or the Bank's?

LanguageMoney and BankingOther Schools of Thought

Blog09/30/2023

While supporters of fractional reserve banking claim banks inform depositors that they are really lenders (and banks are borrowers), a survey of the fine print yields says otherwise.

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Is the US Banking System a House of Cards Waiting to Topple?

Booms and BustsMonetary PolicyMoney and BanksU.S. EconomyMoney and Banking

Blog08/31/2023

Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.

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FedNow Isn't a CBDC, but It Is Dangerous

The FedMoney and BanksU.S. EconomyMoney and Banking

Blog07/24/2023

While FedNow seems benign, there is the larger problem of the entire banking system itself being built on a foundation of sand. FedNow can only make that problem worse.

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Why the Official Data Shows There's No Recession

Central BanksInterventionismMoney and Banking

Blog07/01/2023

As government weight in the economy rises faster, technical recessions may not appear in the official data, but citizens suffer it, nevertheless. 

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Banks Create Money out of Thin Air. What Could Possibly Go Wrong?

Booms and BustsThe FedInflationMoney and BanksMoney and Banking

Blog06/22/2023

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.

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Voters Hate CBDCs. Why Do Governments Keep Pushing Them?

PoliticsThe Police StateMoney and Banking

Blog06/17/2023

Why do governments keep pushing CBDCs when voters hate them? Simple: CBDCs are irresistible to governments, who would dearly love to monitor and control every dollar you spend and every word you speak.

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Rothbard: Essentials of Money and Inflation

Big GovernmentThe FedMoney and Banking

Blog05/20/2023

The government and its central bank act precisely as would a grand counterfeiter, with very similar social and economic effects.

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Is There an Optimum Growth Rate of Money?

InflationMonetary PolicyInterventionismMonetary TheoryMoney and Banking

Blog05/10/2023

Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.

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