Price Inflation Accelerates for Second Month as Biden Blames “Greed”
The dollar has lost one-fifth of its value in just four years. This has been devastating for many savers and for those on fixed income.
Money and Banking
Displaying 21 - 30 of 1992
The Fed Claims the Banking System is “Sound and Resilient.” The Banks’ Balance Sheets Say Otherwise
In a recent statement, the Federal Reserve declared that US banks are "sound and resilient," but a lot of markets, including real estate, testify to a very different situation.
Why the Fed Sends Mixed Messages on Rate Cuts
The Fed's muddled messaging helps to illustrate how the Fed seeks to serve various political interests while also trying to avoid the political pitfalls of both high price inflation and economic stagnation.
Central Banks Brought Inflation. Now they Bring Stagnation.
By ignoring monetary aggregates, central banks may cut rates with no real effect on the productive economy and solve nothing. There may be a significant contraction in economic activity even if rates decline, as credit availability worsens even with declining rates, but markets keep inflating the financial bubble.
Sovereign Debt is Eating the World
Sovereign debt is eating the world. Lining up a financial crash that could make 2008 look like a picnic. How did we get here?
Rothbard: Understanding the History of Banking from an Austrian Perspective
Jesús Huerta de Soto reviews Murray Rothbard's A History of Money and Banking in the United States: The Colonial Era to World War II.
Is the Money in Your Checking Account Yours or the Bank’s?
While supporters of fractional reserve banking claim banks inform depositors that they are really lenders (and banks are borrowers), a survey of the fine print yields says otherwise.
Is the US Banking System a House of Cards Waiting to Topple?
Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.
