Money and Banks / Frank Shostak

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What Is the Correct Amount of Money?

Money and BanksMoney and Banking

Blog09/19/2017
Since the present monetary system is fundamentally unstable, there cannot be a "correct" money supply growth rate.

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Will Low Unemployment Cause Accelerating Inflation?

Money and BanksBusiness CyclesMoney and Banking

Blog09/08/2017
In an unhampered market, there is no reason why low levels of unemployment should lead to an inflationary spiral.

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Does Government Spending Create More Economic Growth?

Money and BanksTaxes and SpendingMoney and Banking

Blog09/04/2017
A cut in government outlays is great news for wealth generators and to the economy.

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What Is the Liquidity Trap?

Money and BanksMoney and Banking

Blog08/27/2017
"Too little spending" does not cause recessions. On the contrary, too much spending spurred by central bank meddling is what leads to booms and busts.

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Is Money Created by Government Decree?

Money and BanksMoney and Banking

Blog07/31/2017
Today’s demand for money is determined by yesterday’s purchasing power of money.

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Here's the True Definition of a Recession — It's Not About GDP

Money and BanksMoney and Banking

Blog07/19/2017
Recessions are the liquidation of a boom that sprang up thanks to a previous period of loose monetary policy.

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Why Wage Growth Is So Weak

Money and BanksMoney and Banking

Blog07/17/2017
As central banks enable the creation of money out of thin air, wealth creation has suffered, as has worker productivity.

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Does a Falling Money Supply Cause Recessions?

Money and BanksMoney and Banking

Blog07/07/2017
A falling money supply is not the cause of economic contractions. It is usually just a symptom of a larger problem resulting from money-creation out of thin air.

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The Money-Velocity Myth

Money and BanksMoney and Banking

Blog06/26/2017
Velocity has nothing to do with the purchasing power of money.

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Deflation, Easy Money, and the Boom-Bust Cycle

Money and BanksMoney and Banking

Blog06/02/2017
When money is made "out of thin air," we see economic busts go hand-in-hand with price deflation. This is not the case with sound money.

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