Money and Banking

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."

Money supply growth inched upward again in June this year, but remains well below the growth rates experienced from 2009 to 2016.

Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.

The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.

Naturally, Fed chairmen claim they are never influenced by politicians who threaten them. But it would by naïve to take this at face value.

The Federal Reserve is not politically independent — and it never was.

The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.

Recorded at Mises University 2018.