How Central Banks Are Waging War on Your Savings
Easy money policy hurts most people, particularly workers and savers, and redistributes their wealth to the ruling elites.
The Fed
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Echoes of 1937 in the Current Economic Cycle
The history of the last great US monetary experiment in “quantitative easing” from 1934 to 1937 suggests that things could end badly.
How Fractional Reserves and Inflation Cause Economic Inequality
Inequality and income inequality are natural phenomena because people are different. Coerced inequality is another matter.
The Consequences of Cheap Money
Mark Thornton discusses Martin Wolf's recent claim that "cautious savers no longer serve a useful economic purpose".
How Inflation Picks Your Pocket
Control over money is the state’s back-door key to the storehouse of society.
Leaving the Federal Reserve System
Interviewed by host Alan Butler, Mark Thornton explains fractional reserve banking and describes how we can ease our way out of the Federal Reserve
For More Jobs and Stability, Set the Economy Free
Central bank policies spread uncertainty, malinvestment, and unemployment. Only the private economy provides the necessary economic coordination.
Why Keynesian Economists Don’t Understand Inflation
Keynesians use a very narrow definition of inflation, but if we have a better and broader understanding of prices and money, we can see that asset-price inflation is all around us. The Fed is doing nothing to help the situation, and is only helping perpetuate a bubble.
Deflating the Deflation Myth
Deflation serves as the theoretical justification of every inflationary action taken by the Federal Reserve and central banks around the world.
The History of U.S. Central Banks
Interviewed by host Alan Butler, Mark Thornton discusses the first three central banks in the United States.
