Are Central Banks Nationalising the Economy?
Massive monetization of debt is just a way of perpetuating and strengthening the crowding-out effect of the public sector over the private sector.
Money and Banking
Displaying 571 - 580 of 2005
Austrian Monetary Theory vs. Federal Reserve Inflation Targeting
When a central bank sets a two-percent price inflation target as a guide for monetary policy, it is targeting an arbitrary construction of economic statisticians.
The Chinese Economy’s Fatal Flaws
China faces problems of both an easy-money-induced bubble, and a corrupt regulatory regime.
The Relationship Between Saving and Money
It is not money that funds economic activity but the saved pool of final consumer goods. Money only facilitates the flow of the real savings.
A Tale of Two “Deflationary” Booms — The Gilded Age vs. Today
Today's easy-money-fueled economic "boom" doesn't compare well to booms of the past.
People’s QE? It’s Venezuela with Tea and Cakes
Jeremy Corbyn's "People's QE" is just the Argentinian model and the Venezuelan model disguised in Anglo-Saxon terms.
Week in Review: August 19, 2017
The growth of government comes at the expense of civility.
How Central Banking Increased Inequality
Focusing almost exclusively on consumer price inflation, economists have overlooked the redistributive effects of money creation through other channels.
Central Banks Are Hiding the True Price of Risk
Risk premiums determined in an unhampered market align the interests of savers and investors. When central banks interfere with this, trouble results.
China: A Keynesian Monster
The the Chinese economy is a Keynesian jobs project of outrageous scale.
