Money and Banking
Displaying 1641 - 1650 of 1992
Give a Penny, Take a Penny
With the cumulative effects of inflation, the face values of our coins no longer has any relation to historic commodity value.
Chinese Bank Credit Drives Boom and Bust Cycle
Economist Brad Setser (Director of Research, Roubini Globa
Who’s Afraid of the CPI!
Everybody worries about inflation these days. It’s chic. It’s trendy. And it gives me a great comeback to the boss at raise time.
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.
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.
Shedlock on Wages and Inflation
Mike Shedlock gives a rather Austrian-flavored explanat
Will Smith vs. Fiat Money
According to this UPI article, Will Smith is gearing up to make G
The Production of Security
Molinari’s article is the first presentation anywhere in human history of what is now called “anarchocapitalism.”
