The Gold Standard and the Great Depression
It makes no sense to say that the major dislocations of the world's economies in the 1930s could have been solved simply by printing up pieces of paper.
Money and Banking
Displaying 1411 - 1420 of 1978
Does a Fall in Credit Lead to Deflation?
"A fall in normal credit (i.e., credit that has an original lender) doesn't alter the money supply and hence has nothing to do with deflation."
Gold: India’s Capital Asset through History
India's ancient and deep religious traditions, combined with a plethora of historical, cultural, and practical reasons, have fostered an unflinching desire to acquire gold as a means of protecting one's wealth.
The Fallacy of the (Super)Neutrality of Money
it needs to be noted that the hypothesis of the superneutrality of money is expressive of the empiricist-positivist approach of modelling economics according to the natural sciences.
The Demand for Money and the Time-Structure of Production
Fiat money takes this power out of his hands. The consequence is a greater tendency for capital to be wasted.
Year After TARP: $700 Billion Down the Drain
"Instead of buying up toxic assets, the TARP money was used to partially nationalize the banking industry."
It Ain’t Gonna Work Anyway
we should jettison our fiat money system in favor of a gold or multicommodity-metal system (such as gold, platinum, silver, and copper). While we're at it, we should jettison fractional-reserve banking in favor of full-reserve banking.
Does Deflation Pose a Threat to the US Economy?
"The reason why inflation is bad news is not because of increases in prices as such, but because of the damage inflation inflicts to the wealth-formation process."
