Do Central Bankers Know a Bubble When They See One?
At different times and in different places, Fed officials have changed their stories about whether or not bubbles can be seen before they pop.
Money and Banking
Displaying 671 - 680 of 1995
Negative Interest Rates: How Low Can They Go?
Negative rates can work because the opportunity cost of holding physical cash is not zero. Abolishing large banknotes further increases the cost.
Central Bankers Are Losing Faith in Their Own Alchemy
In his new book, central banker Mervyn King sometimes sounds like Murray Rothbard. But in the end he continues the problem of central banking control.
How Interest Rates Affect Time Preference — and Vice Versa
A general increase in price inflation, resulting from increasing money supply and a fall in real wealth, will lead to a general rise in interest rates.
Why Are Dollar Bills Worth Anything?
Today's paper money does not have value due to some government decree. It's value as money is based on a past connection to commodity money.
Will A Stronger Dollar Cause a Trade War with Europe?
If the US dollar begins to return to monetary sanity — for now — other currencies will face grave threats to their monetary status quo.
Six Steps Trump Can Take Toward Better Monetary Policy
Even without ending the Fed, there are several steps that the Trump administration can take toward improving monetary policy.
How Inflation and Unemployment Are Related
Easy-money policies destroys wealth and lead to unemployment. When money creation is limited, wealth and employment expand.
Mike Pence Thinks the “Free Market” Is Making You Poor
Michael Pence seems to be under the mistaken impression that the United States has an unregulated free market economy.
