As the Fed Powell Continues to Flail, Could an MMT Fed Chair Be Next?
Could progressive pressure, mixed with escalating economic pressure, push White House decision-makers to replace Jay Powell with an advocate of MMT?
Money and Banking
Displaying 111 - 120 of 2003
America’s First Housing Bubble and the Panic of 1819
In 1819 America, nobody blamed the effects for the Panic of 1819, they rightly blamed the cause. They blamed the "friendly central bank."
Is There Such a Thing as Good Inflation?
Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair.
3 Common Criticisms of Crypto—and Why They’re Wrong
Peter Schiff is a well-known critic of bitcoin, and while he is an excellent resource on many economic and political topics, he misses the mark on cryptocurrency.
Can the Lightning Network Lead to “Hyperbitcoinization”?
Just as the internet needed web browsers before it could really change the world, Bitcoin needed user-friendly interfaces to grow beyond money and towards being the base layer—the “rails”—for decentralized services built on Bitcoin alone.
El Salvador Blazes the Path to Bitcoinization
An unbanked population, an economy dependent on remittances, and dollarization. These combine to make El Salvador a perfect case study for bitcoinization.
Beyond the Fed: “Shadow Banking” and the Global Market for Dollars
Although it conjures up scary imagery, shadow banking is simply a term for banking operations that occur through financial intermediaries that are not traditional commercial banks.
Is There Such a Thing as Good Inflation?
Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair.
