Money and Banks

Displaying 1 - 10 of 1946

Central Banks and the Problem with Playing God

Central BanksMoney and Banks

Blog10/16/2020

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.

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What the Trade Balance Means for a Currency's Purchasing Power

Global EconomyMoney and Banks

Blog09/15/2020

Since the trade balance has nothing to do as such with either the supply of money or the demand for money, we can conclude that trade balances do not determine the purchasing power of money of respective countries.

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Sound Money Is Key to Defending Our Liberties

BitcoinMoney and BanksStrategy

Blog09/02/2020

Ludwig von Mises viewed sound money as a limit on government power and as "an instrument for the protection of civil liberties against despotic inroads on the part of governments. "

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Massive Stimulus Won't Prevent a Eurozone Slowdown

Booms and BustsCronyism and CorporatismMoney and Banks

Blog08/28/2020

Europe's path to long-term stagnation should serve as a reminder for the United States, again, of why it is not advisable to follow the eurozone policies. The results are invariably disastrous.

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How the CARES Act Is Still Kicking the Can

Booms and BustsMoney and Banks

Blog08/27/2020

Despite double-digit unemployment rates, banks are keeping loan-loss provisions low, no doubt assuming Uncle Sam will keep everyone’s boat afloat. But all good things come to an end.

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Say's Law and the Effects of a Growing Money Supply

Booms and BustsMoney and Banks

Blog07/31/2020

Economic growth results from increasing production, and the money supply is always sufficient to foster exchange. The boom-bust cycle only occurs when production is distorted by a growing money supply.

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A Rising Demand for Money Won't Save Us from Inflation

InflationMoney and Banks

Blog07/20/2020

The conventional view is that new money creation is no problem so long as the demand for money is increasing. The conventional view is wrong.

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Europe's Bailouts Risk a Full-Blown Financial Crisis

Global EconomyMoney and Banks

Blog07/06/2020

Euro governments are planning to use the banking system for widespread bailouts in the wake of the COVID-19 shutdowns. This could bring about a new financial crisis.

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The COVID Crisis Supercharged the War on Cash

Global EconomyMonetary PolicyMoney and Banks

Blog06/30/2020

The COVID panic gave the world's regimes a new reason to claim that physical cash should be outlawed. But this is just one of many strategies now in play to end the relative privacy and freedom cash provides.

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Are Fractional Reserve Bank Deposits Money?

Money and BanksMoney and Banking

Blog06/26/2020

It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.

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