Fed Tries to Figure Out How to Raise Interest Rates by a 1/4 of 1%
The Fed has been messing with interest rates for a century and suddenly they have forgotten how to raise interest rates?
Money and Banking
Displaying 991 - 1000 of 2008
Recent Economic Data Shows the Good Side of Deflation
Data from Japan, Spain, Greece, and the Netherlands all suggest that deflation is not the disaster many economists suggest it is. In fact, there's good reason to believe that economies really start to take off when prices fall the most.
Hazlitt and the Oil Bust
The weak dollar was a subsidy for the oil industry, but as Hazlitt noted, they make “the industries in which we are comparatively inefficient larger, and the industries in which we are comparatively efficient smaller.”
Joseph Salerno Interviewed on Gold Standard, Fiat Money
Joseph Salerno Interviewed on Gold Standard, Fiat Money...
Sub-Zero Interest Rates as an Endless Daylight Saving Time
Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.
Understanding Fed Money Mechanics
An out of print (1991) publication of the Federal Reserve Bank of Chicago provides an excellent summary of Fed money mechanics.
Skyscrapers & Cyber Security with Dr. Mark Thornton
I am interviewed on Power Trading Radio about the Skyscraper Curse and Cyber Security Issues—Biggest Bank Heist in History!
Why It Matters If the Dollar Is the Reserve Currency
Reserve currencies serve an important economic purpose. If the dollar loses its status as a reserve currency, the resulting adjustments will be painful for many. So, the global economy would benefit from a new US monetary policy devoted to a sound dollar.
Understanding True Credit and False Credit
True credit can only expand if the stock of real savings and real wealth expands. Unfortunately, fractional reserve banking and central banks facilitate the expansion of false credit which diverts resources from true wealth producing activities.
