Money and Banking

The best and only way to get rid of corruption is to get rid of the system.

There really are reasons to believe Trump will steer the Fed in a more hawkish direction.

There's a growing divergence between income growth in states with large financial centers — and the old "main street" economies.

As yield-starved investors look to longer-dated assets, the biggest risk facing financial markets may be the financial asset duration bubble.

Government spending — not the size of the deficit — is the real problem with government intervention in the economy.

Nearly 70 years ago, Ludwig von Mises explained the seemingly irrational hunger among capitalists for long-term government bonds.

In a move that surprised exactly no one, the Fed's Federal Open Market Committee yesterday announced it would take no action.

Central bankers keep suggesting the economy is weak because there is too much saving. The real reason for the weak economy is too much money production.

As free-floating fiat money, the major currencies of the world are locked in a complex game of relative devaluation and manipulation.

The federal government is again trying to take free choice away from borrowers by imposing new regulations on short-term loans like payday lending.