Will this Finally Be the Year the Fed Cuts its Balance Sheet?
Now that the Fed has slightly upped its Fed Funds rate target twice, there is talk of a much more ominous issue: shrinking the balance sheet.
Money and Banking
Displaying 651 - 660 of 1990
Should Cash be Abolished?
The usefulness of money depends on it having some connection to physical money. Reducing money to a digitized abstraction would be a disaster.
What Trump Means for Brexit, China, and the EU
The threat of a US-UK trade pact is very bad news for the EU, but Trump's more mercantilist side spells trouble for the US and much of the world.
Beware, Dissenter to the Monetary Regime
Tim Duy takes to Bloomberg to warn the world about the possibility of “hard-money” advocates getting into the Fed.
Beware, Dissenter of the Monetary Regime
Tim Duy takes to Bloomberg to warn the world about the possibility of "hard-money" advocates getting into the Fed.
Janet Yellen’s Bland 2017 Forecast
Fed Chair Janet Yellen’s recent speech at Stanford University certainly was much like Ms. Yellen herself: predictable and safe.
Can Technology Prevent a Recession?
Technology doesn't tell us much about whether we're prone to a recession. The much larger issue is inflation-induced misallocation of resources.
German Inflation Anxiety Could Bring an Election Shock in 2017
With German elections approaching, Germans may grow tired of monetary instability forced on them for the sake of saving the Italian economy.
The Money Myths Behind the Creation of the Federal Reserve
Roger Lowenstein's new book on the Federal Reserve relies on some well-worn myths about the monetary history of the United States.
Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market
In a free market economy, banks would actually have to clear their checks and this would be a deterrent to creating money out of "air."
