Money and Banking
Displaying 621 - 630 of 2008
How Magical is the Keynesian Multiplier?
Real wealth comes from greater production and saving. More spending — especially when spurred by printing money — doesn't make us rich.
Milton Friedman Debunked — by Econometricians
Despite arbitrarily fudging the data, Friedman was unable to support one of his most central claims — that the demand for money is very stable.
Three Ways Trump’s Tax “Cuts” Will Raise Taxes
Trump's plan to increase spending and lower taxes will only increase deficit spending. And that brings with it a host of new costs for taxpayers.
The Connection Between Money-Supply Growth and Inflation
Increases in the money supply need not always to be followed by general increases in prices.
China’s Plan to Subvert the Global Dollar Standard
Are China and Russia prepared to escalate the financial war with America? It won't be easy, but they're increasingly motivated to do so.
Central Banks’ Obsession with Price Stability Leads to Economic Instability
The Fed's monetary policies that aim at stabilizing the price level actually undermine economic fundamentals.
What Is the “Correct” Growth Rate of the Money Supply?
Central banks have no way of knowing the "right" amount of money-supply growth. But, markets can work to suppress growth in un-backed paper currency.
Capital Flows and Ricardo’s Law
Ricardo's law of comparative advantage is only part of the story when it comes to understanding the benefits of free trade.
The Next Step in Europe’s Negative-Interest-Rate Experiment
The ECB is likely to relent on negative rates. But it will then turn to buying bonds and monetizing the debt to keep the easy money flowing.
