Money and Banking

Displaying 251 - 260 of 2003
Gregory Bresiger

The movement for alternative money is the result of the history of government monetary mismanagement.

Frank Shostak

Not only does fractional-reserve banking gives rise to monetary inflation it is also responsible for monetary deflation. Money created out of "thin air" can disappear as rapidly as it was created.

Jeff Deist

The destruction of capital, economic and otherwise, is contrary to every human impulse.

Frank Shostak

Neither loose monetary policy, nor big-spending fiscal policy can grow an economy. All that these policies can do is to redistribute a given pool of real savings from wealth generators toward non-wealth generating activities.

Daniel Lacalle

The eurozone economy is slowing down. The solution isn't more fiscal and monetary stimuli. 

Ronald-Peter Stöferle

The US dollar continues to enjoy the confidence of markets, governments, and central banks. But faith in the US dollar is weakening, and many are trying to help the process along.

Frank Shostak

Since real savings enable the production of capital goods, obviously real savings are at the heart of the economic growth that raises people's living standards.

Gary Galles

In the blurry world of conflicting economic indicators and forecasts and policy surprises, activist policymakers at the Fed do not know exactly what the “right” monetary policy is today. Neither do their activist critics.

Ludwig von Mises

People do not save and accumulate capital because there is interest. Interest is neither the impetus to saving nor the reward or the compensation granted for abstaining from immediate consumption. It is the ratio in the mutual valuation of present goods as against future goods.

Frank Shostak

Real GDP does not measure the real strength of an economy, but reflects monetary turnover. Thus, the more money is pumped, the stronger the economy appears to be.