10. Banking and the Business Cycle
Loan banking is non-inflationary. Interest rates on loans are merely reflective of price spreads. All speculation, on the free-market, is self-correcting and speeds adjustment, rather than cause economic trouble.
Money and Banking
Displaying 1631 - 1640 of 1978
9. Money and Prices
Barter – direct exchange- is inefficient because of the lack of a double coincidence of wants. Some third medium was sought to solve this. It is called money. Exchanges are not equal, they are win-win, with each party gaining more than he is giving or the exchange would not be made.
Hazlitt on 100% Gold
I suppose that I wasn’t entirely aware of how hard-core Henry Hazlitt was on the gold question until re-reading
The Production of Security
Molinari’s article is the first presentation anywhere in human history of what is now called “anarchocapitalism.”
Beware the Alchemists
A book-length manuscript based on notes taken by Bettina B. Greaves during the Mises Seminar in New York in the 1960s.
Role Playing Games and Money
I came across this old thread in the Austrian Economics forum, and I thought some of
The Make-Believe World of Central Banking
Thorsten Polleit explains how the Fed and the ECP are trying to create what they cannot: a growing economy with low interest rates, minimal inflation, and no business cycles.
Rothbard’s Bracing Plan for Gold
To answer a reader question, I revisited Rothbard’s transition plan for 100% gold.
