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A Pyrrhic End to 130 Years of Vicious Bad Money and Banking Crises

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Tags Booms and BustsThe FedMoney and BanksU.S. EconomyU.S. History

05/06/2023Brendan Brown

The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.

Original Article: "A Pyrrhic End to 130 Years of Vicious Bad Money and Banking Crises"

 

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Author:

Brendan Brown

Brendan Brown is a founding partner of Macro Hedge Advisors (www.macrohedgeadvisors.com) and senior fellow at Hudson Institute. As an international monetary and financial economist, consultant, and author, his roles have included Head of Economic Research at Mitsubishi UFJ Financial Group. He is also a Senior Fellow of the Mises Institute. He is the author of Europe’s Century of Crises under Dollar Hegemony: A Dialogue on the Global Tyranny of Unsound Money with Philippe Simonnot. His other books include The Case Against 2 Per Cent Inflation (Palgrave, 2018) and he is publisher of “Monetary Scenarios,” Euro Crash: How Asset Price Inflation Destroys the Wealth of Nations and The Global Curse of the Federal Reserve: Manifesto for a Second Monetarist Revolution.

Original Article: 
A Pyrrhic End to 130 Years of Vicious Bad Money and Banking Crises