Who Will Be the Next Governor of the Bank of England?
Five names seem to be emerging as the consistent front runners in the race to become the next head of Britain’s central bank.
Five names seem to be emerging as the consistent front runners in the race to become the next head of Britain’s central bank.
The fact that the most conservative investors are being forced to purchase bonds of nearly bankrupt companies for virtually no yield is not a success of monetary policy nor a tool for growth.
The fact that politicians, central bankers, and “too big to fail” bankers all oppose a gold standard is a tacit admission that hard money would serve as an effective constraint on their activities.
The critical question is this: Is the Libra really good — or sound — money? Unfortunately, this question cannot be answered in the affirmative.
A private graduate seminar presented at Mises University 2019.
Not only will easy-money policy not increase production, it will impoverish us by inflating away real wealth.