Central Banks

Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.

Forget Jerome Powell's fanciful "soft landing" or the notion that the Fed can pull another rabbit from its hat. The banking system is headed for a crash and monetary authorities likely will make things worse.

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.

Digitization will undoubtedly bring great improvements and new opportunities for peoples’ lives. But digitization also has a downside.

The proposed WHO Pandemic Treaty is nothing less than an exercise in medical totalitarianism. Welcome to the rule of the medical bureaucrat.

The specter of stagflation is with us again despite Keynesians' claims that a new bout of inflation will lower unemployment. What causes it?

Jeff and Bob discuss a recent interview with IMF economist Manmohan Singh in the context of central banks co-opting digital technology for bad ends.

Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.

In the face of the coming hardship, central bankers and globalist institutions are going to demand more power to respond to the crisis they created. Bitcoin gives their political opponents a weapon against them.

Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates. Unfortunately, such moves carry their own forms of misallocation of resources and capital.