Money-Supply Growth Hits 36-Month High
Money supply growth reached a three-year high in July.
The Fed
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Review of America’s Bank: The Epic Struggle to Create the Federal Reserve by Roger Lowenstein
America’s Bank is a mixed bag. Lowenstein ignores history and tells the narrative from a central bank bias when there were rival reforms at play.
Review of America’s Bank: The Epic Struggle to Create the Federal Reserve by Roger Lowenstein
Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) “The problem with economic historians,” Murray Rothbard once quipped, “is that half of them are historians who don’t know any economics and the other half are economists who don’t...
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The Fed vs. Savings
The Federal Reserve and in particular fiat money ruins the incentive to save for a better future.
The Definition of Various Monetary Aggregates
One of the most important concepts in economic theory is the quantity of money. But how do you count it?
The Global Economy Is in Unchartered Waters
We are living through "The Great Monetary Experiment" and no one knows exactly how it will end.
The Fed Launches New Facebook Page
The Fed has realized it is in need of damage control when it comes to its reputation among much of the American public.
Inflation: It’s a Wealth Redistribution Scheme
When new money is made, it helps those who get the new money first (usually the wealthy) — at the expense of those who get it later (the poor).
Admitting a Weak Economy, the Fed Keeps Rates Low
The Fed likes to constantly tell us how well the economy is improving while refusing to increase the target rate. That tells us all we need to know.
