Money and Banking
Displaying 511 - 520 of 1990
Deflation and Economic Growth: The Great Depression as the Great Outlier
The Great Depression is the only period where deflation seems to be strongly associated with recession.
The Corrupt Origins of Central Banking
The main objective of the Nationalists, who were also known as Federalists, was essentially to establish an American version of the British mercantilist system, the very system that the Revolution had been fought against.
More on Interest Rates and Time Preference
Currently observed negative yields on some European corporate bonds supposedly runs contrary to the positive time preference theory. How can this be?
I Have Doubts About Bitcoin
The quantity of money is certainly important. But so is its quality.
What Gives Cryptocurrencies Their Value
The value of cryptocurrencies comes fundamentally from what you can do with them.
The Digital Revolution Has Empowered Central Banks
All the hype cannot hide the fact that this digital revolution has not delivered the increase in prosperity of previous technological revolutions.
Why Are People Buying Bonds with Negative Yields?
Is this really negative time preference or a central bank induced crack-up bond boom?
Are Markets Really as Calm as they Seem?
Given its track record, there is little reason to expect that the Fed won’t mess things up this time.
