Money and Banking

Displaying 81 - 90 of 1944

Why the World Has a Dollar Shortage, Despite Massive Fed Action

The FedGlobal EconomyMoney and Banking

Blog03/31/2020

Can the US dollar lose its global reserve position? Sure it can, but not to a country that decides to commit the same monetary follies as the Fed. Most countries are trying to out-inflate the Fed. And that's good for the Fed.

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Standard Open Market Operations: How the Fed and Commercial Banks "Create Money"

The FedMoney and Banking

Blog02/10/2020

Robert Murphy defines some of the conventional “monetary aggregates,” such as M1 and M2, and gives the textbook rundown of how the Federal Reserve and commercial banking system “create money” when the Fed buys assets and the commercial banks extend new loans.

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The Theory and Brief History of Money and Banking

The FedMonetary TheoryMoney and Banking

Blog01/29/2020

Why do we have money in the first place? Where does it come from, and what determines its form? What qualities make for a good money? What role do banks play—is it something other than what money itself does for us?

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Fed Nominee Judy Shelton Wants Sound Money—and Lots of It

Money and BanksMoney and Banking

Blog01/21/2020

Judy Shelton may be a tolerable—at least to Republicans—candidate for the Federal Reserve Board of Governors.

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What Free Market Money Would Look Like

Money and BanksMoney and Banking

Monetary affairs have always been subject to government intervention of one kind or another, but there is no reason money could not be produced and regulated in a free marketplace.

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The Bank of England's Governor Fears a Liquidity Trap

Money and BanksCapital and Interest TheoryMoney and BankingOther Schools of Thought

Blog01/17/2020

The demand for goods is not constrained by the amount of money, but by the production of goods and services available to trade for money.

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What Will It Take to Get the Public to Embrace Sound Money?

Financial MarketsMoney and BanksMoney and Banking

Blog01/16/2020

If the small sample size of monetary history is any guide, the combination of asset market crashes and high goods inflation empowers sound money forces in the political arena. At the moment, neither of those factors are in play.

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More Money Creation Won't Create More Economic Growth

Monetary TheoryMoney and BankingValue and Exchange

Blog01/13/2020

Contrary to the popular way of thinking, setting in motion a consumption unbacked by production through monetary pumping will only stifle economic growth.

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Is 150 Years of Bank Credit Expansion Nearing Its End?

U.S. HistoryMoney and Banking

Blog12/14/2019

Central bankers want to find a means of resetting everything, exploring solutions such as digitising currency through blockchains, doing away with cash, and finding other avenues to try to control the so-called vagaries of free markets.

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Why Central Banks Aren't Really Setting Interest Rates

Capital and Interest TheoryMoney and Banking

Blog12/11/2019

Central banks can only distort and mask real interest rates with monetary policy. Interest rates are really set by each individual's time preference.

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