Not Worth a Continental
The dangerous political and financial actions of the Continental Congress looks like the modern-day Fed on steroids.
Money and Banking
Displaying 361 - 370 of 2011
Richard Cantillon, the Most Important Economist You’ve Never Heard Of
Our inflationary financial system benefits the wealthy at the expense of the poor.
Keynesianism and World Inflation
Keynes believed that all economic problems could be overcome with global inflation. This would bring about a new utopian age in which only social and scientific problems would remain.
The Myth of the Neutral Interest Rate
Even if the Fed were to know the level of the neutral rate it could not achieve economic stability.
A History of Venezuelan Inflation
The Bolívar’s collapse is rather tragic, considering the Bolívar was actually one of Latin Americas’ strongest currencies during Venezuela’s peak from the 1950s to 1970s.
The Eurozone Banks’ Trillion-Euro Time Bomb
Eurozone banks are better off than they were three years ago. But they are nowhere close to having solved their challenges.
How Private Banks Create Bubbles — with the Help of Central Banks
Recessions emerge when the central bank reverses its loose monetary stance. But the seeds of recession were sown earlier by private lending practices that grew out of central-bank money creation.
The Fed Is Now Addicted to Easy-Money Policy
The only way to end the booms and busts brought by inflationary credit is to eliminate the central bank's counterfeiting that constitutes and creates that inflation.
A Rising Money Supply Doesn’t Necessarily Lead to Rising Prices
Increases in the money supply need not always be followed by general increases in prices, as prices are determined by both real and monetary factors.
The Money Supply Is Never Too Small
The idea that money must grow in order to sustain economic growth gives the impression that money somehow sustains economic activity. But this has never been true.
