Central Banks

Displaying 11 - 20 of 126

It's All about the Benjamins: Why the Dollar Determines US Policies

Central BanksInflationMonetary PolicyWar and Foreign Policy

Blog10/06/2022

The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector.

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Central Banks Claim to Preserve the Value of Money through Inflation

Central BanksInflation

Blog09/29/2022

Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.

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Do People Accept Money Because Government Endorses It?

Central BanksInflationMonetary Policy

Blog09/22/2022

Why does money have value? Typical economists claim that money is valuable because the government declares it so. But that is impossible, given the true origins of money, which are best explained by Austrian economists.

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Government Intervention into International Currency Exchange Rates: Japan as a Case Study

Central BanksFinancial MarketsStrategy

Blog09/15/2022

Most government intervention into currency exchange rates create more problems than they solve. Japan's lost decades are a prime example of what can happen.

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We Cannot Interpret Economic Data Unless We Know Economic Theory

Central BanksPraxeology

Blog09/09/2022

Logical positivism holds that theory is irrelevant to the empirical results. It is the other way around; One cannot understand or interpret economic data until one has a working economic theory in place.

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Throwing the Fed's Machinery in Reverse: Fed Interest Rate Policies Continue to Damage the Economy

Booms and BustsCentral BanksThe FedInflation

Blog09/07/2022

The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest rate and the market interest rate.

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Low Interest Rates and High Taxes Won't Help against Inflation: The Economy Needs Savings and Real Investment

Central BanksHayekInflation

Blog08/10/2022

Now that inflation is the highest it has been in four decades, the monetary authorities are trying one trick after another. Only ending artificially low interest rates will help.

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Central Banks Have Been Hedging Rampant Regulation. Will This End Now?

Central BanksFinancial MarketsInflation

Blog08/10/2022

The latest bout of inflation has exposed how central banks around the world have used easy money policies to help cover for the economic drag created by the regulatory state.

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Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro

Central BanksInflation

Blog08/04/2022

Even though the Fed has been inflating the US dollar with impunity, neither the yen nor the euro can challenge the USD.

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