Money and Banking / Karl-Friedrich Israel

How Much Do Central Banks Cost Us?

Money and BanksMoney and Banking

Blog10/11/2017
Anti-gold advocates claim that precious metals are wasteful. This is hardly convincing when we look at the fat budgets and payrolls of central banks.

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Five Reasons for Central Banks: Are They Any Good?

The FedMoney and Banking

Blog02/21/2017
No justification for central banks erases the fact that the central banks are creatures of power politics rather than economic reason.

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Inflation May Be Causing a Long-Term Rise in Unemployment

Money and BanksMoney and Banking

Blog10/20/2016

Far from being neutral, inflation leads to changes in political institutions, and these changes push up unemployment over time.

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Our Disastrous Monetary System: A New Must-Read Book

Global EconomyMoney and BanksMonetary TheoryMoney and Banking

Blog07/19/2016

Blind Robbery!, a new, easy-to-read book on money is a must-read for anyone who wishes to understand the damage our easy-money system is doing.

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The Eurozone Has Failed Both Politically and Economically

Global EconomyMoney and BanksMoney and Banking

08/13/2015Mises Wire
The European Monetary Union has failed to bring economic stability, and it has also increased nationalistic tensions among member nations. Some taxpayers, such as German taxpayers, view themselves as working to subsidize foreigners. Meanwhile, central banks continue to distort the economy.

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