Jim Grant: Gold Is a Defense Against “Monetary Shenanigans”
Grant: "I think both the institution of government-credit money and of credit are in a tough way."
Grant: "I think both the institution of government-credit money and of credit are in a tough way."
Friday's bad employment data closed out a week of new analysis revealing a battered economy.
Thanks to the Fed's current monetary policy, real incomes are going down, and people are taking on more debt to maintain their standard of living.
The United States government is being hypocritical when it criticizes other governments for manipulating their currencies.
Keynesian economics enjoys universal approval among the political classes. But the whole Keynsian project must be abandoned if we desire economic prosperity.
Ludwig von Mises's policy prescriptions for Austria after World War 1, offers insight into how Venezuela should respond to crisis and hyperinflation.
Postel-Vinay's study further undermines the Friedman-Schwartz explanation of why banks failed during the Great Depression.
If the government sticks to the original money, its legal tender law is superfluous and unnecessary.
Krugman claims that Danish monetary policy is one of the problems with Denmark, he is correct, but for the wrong reasons.
With hyperinflation approaching for Venezuelan currency, the Venezuelans may embrace the US dollar, which looks rock-solid by comparison.