Displaying 81 - 90 of 1670
Money and BanksMoney and Banking
Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.
The EntrepreneurEntrepreneurshipMoney and Banking
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency.
The FedMoney and Banking
Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.
Conflating "inflation" with a general rise in prices prevents understanding the true problem with inflation.
Even with falling interest rates and high liquidity, there have been spectacular bankruptcies, so imagine what can happen when rates rise.
The new Fed Chief Powell was optimistic at Congressional hearings this week. But he may have inherited a quickly-expiring boom.
When the Fed began paying interest on bank reserves, it kept a lid on inflation. But now there's no easy way out.
Legal SystemMoney and BanksMoney and Banking
Money and BanksMoney and BankingMoney Supply
The suppression of the TMS growth rate, if it is sustained for the rest of the year, portends another credit crisis and housing bust.