Central Banks Can Increase the Money Supply, Even If Banks Do Not Lend
Banks can and do make clients shift from short-term deposits.
Money and Banking
Displaying 1251 - 1260 of 2004
Fiat Money: The Root Cause of Our Financial Disaster
Unemployment, stagnant growth, and financial market convulsions can all be traced to a single decision.
First in Line for New Money
Increases in money aren't sprinkled from the sky or distributed randomly throughout the population. They occur through the commercial banking system and the Federal Reserve. Those who receive the money first benefit at the expense of those receiving the money last.
The Sovereign Debt Crisis
The situation has become serious. Eurozone currencies will dissolve back into regional currencies.
How the Stimulus Racket Works
Starting with President Bush, and continuing into President Obama’s term, the US government has paid out more than $11 trillion in stimulus money.
(Un)happy Birthday, Fiat Money
Forty years ago today, on the morning of Sunday, August 15, 1971, the US president, Richard Nixon, declared the inconvertibility of the dollar into gold. It was to be the great liberation that Keynesians and governments had dreamed of for decades. The results, however, have been catastrophic.
Rothbard’s The Mystery of Banking
Every student in a money-and-banking course should read this book at least twice.
