Central Banks

The Keynesian prescription for an economic downturn is for government to increase spending to improve so-called aggregate demand. In reality, this is a recipe for worsening the recession.

Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes

Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.

On this episode of Good Money with Tho Bishop, Peter St Onge joins the show to discuss this week's Fed announcement and what it means to normal Americans.

Can prices be "wrong" (i.e. in disequilibrium) if they are "sticky?" Jonathan Newman joins Bob to discuss. 

Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases.

A century ago, Argentina was one of the world's wealthiest nations and the Argentine peso rivaled the dollar. Today, Argentina is famous for periodic hyperinflation.

As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.

Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases.

Canada created its central bank during the Great Depression, ostensibly to stabilize the currency and protect the banking system. Today, that system is falling apart, thanks to inflationary central bank policies.