Money-Supply Growth Hits 36-Month High
Money supply growth reached a three-year high in July.
Money supply growth reached a three-year high in July.
This ambitious new book on the foundations of money and monetary institutions is an impressive interdisciplinary exercise.
Finance Behind the Veil of Money takes the minority view that opportunity costs are not only unnecessary but even unhelpful to understanding choice.
Threatened by the existence of private digital currencies, central banks are looking to create some of their own.
The book is informative about inflation in all periods of human history, and researchers looking for concise overviews will find much use in it.
Negative interest rates have proven to be unpopular with the public. But the central banks have other strategies up their sleeves.
The War on Cash is nothing more than a lust for more power by central bankers and their advocates in academia.
Loose monetary policy is based on a trickle-down theory designed to encourage spending and punish saving. This will lead to greater pain in the end.
If Paul Krugman took a more serious look at Europe, he would see that austerity policies really do produce a better economy.
It has now become clear that in many ways the European Union is a cartel of high-tax governments.