Money and Banking

With printing of the Continental notes in 1775, Webster feared people would think you could finance the Revolutionary War by printing paper money. We should have listened!

It is not possible to generate something out of nothing as suggested by Keynes and his many followers.

 Historical experience does not appear to support the thesis of modern fractional-reserve free-banking theorists.

Forget the IMF’s forecasts of Venezuela’s hyperinflation. They are a prime example of junk science. 

The Turkish lira collapse should have surprised no one. Yet, in this bubble-justifying market, it did.

Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.

The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.

The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.

Here's how to tell the Austrian approach on money apart from the views of other schools of thought.

Rothbard explains the concept of the "supply of money."