Ireland: When MMT and Price Controls Collide, Little Remains
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
Monetary Policy
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How States Are Fighting the Fed with JP Cortez
Tho Bishop and JP Cortez discuss the ongoing legislative battles over money at the state level.
Nickel: How Government Alchemists Turned a Base Money Hard and Now Are Expected to Kill It.
Nickel is a base metal the government used to replace silver. Since then, the government has inflated so much that even nickel is too valuable for US coinage.
Africa’s Way Out of Monetary Colonialism
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.
Africa’s Way Out of Monetary Colonialism
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.
Inflation: How Economists, Politicians, and Central Bankers Got It Wrong
It is interesting that the founder and leader of the market monetarists declared in January 2020 that the world was about to enter a "golden age" of low inflation for the Federal Reserve.
Money: What Is It? The More Important Question: Why Is It?
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.
Contrary to What Some Economists Claim, the Fed Can’t Give the Economy a “Neutral” Rate of Interest
Fed chairman Jerome Powell recently claimed they were "targeting" the "neutral" interest rate. The Fed cannot set or even know that rate, for it doesn't come from government authorities.
The Fed Wanted Inflation, Now They Have No Idea What to Do
Ryan McMaken and Tho Bishop take a look back at previous statements by current members of the Fed.
Central Banks Have Broken the True Savings-Lending Relationship
While the usual characters praise central banks for supposedly bringing economic stability, Dr. Shostak explains that their presence makes things unstable because they break the relationship between saving and lending.
