Money and Banks

Displaying 1 - 10 of 1921

Germany Pushes Back against the ECB's Bailouts

Monetary PolicyMoney and Banks

Blog05/13/2020

The EU has now become essentially a makeshift, lawless regime designed to prop up bankrupt states. So much so, in fact, that even the German supreme court has become alarmed.

Read More

The Current Crisis Has Its Roots in the Central Bank

The FedMoney and Banks

Blog04/27/2020

By protecting banks from the costs of poor investment decisions, central banks encourage further risk taking and malinvestment. They also prevent liquidation, which brings failed businesses' assets to the market at bargain prices, allowing new businesses to emerge from the detritus.

Read More

Central Banks and the Next Crisis: From Deflation to Stagflation

Global EconomyMoney and BanksMoney and Banking

Blog04/22/2020

When governments and central banks announce massive stimulus packages at the very beginning of a crisis, they bet on a speedy recovery and a return to normal as if nothing had happened. This is far from the case.

Read More

Central Banks around the World Embrace Unprecedented "Quantitative Easing"

Booms and BustsMonetary PolicyMoney and Banks

Blog04/14/2020

From New York to London to Brussels to Tokyo, central banks in the last two weeks have embraced a wide variety of extraordinary inflationary measures to prop up insolvent banks and governments.

Read More

The Fed's Balance Sheet Skyrockets as It Doubles Down on Inflating Asset Prices

Booms and BustsMoney and Banks

Blog04/13/2020

The Fed's portfolio is now 35 percent larger from the time the Fed promised to "taper" back its portfolio and "normalize." It is increasingly clear that there will not be any normalization. Ever.

Read More

Danish State Plans to Pay the Salaries of Private Sector Workers

InflationLabor and WagesMoney and Banks

Blog04/13/2020

The Danish state believes that the nation can avoid economic collapse if the state pays private sector workers' salaries. This, it is thought, will allow private companies to avoid layoffs. But there's a downside.

Read More

Even If the Fed Keeps Pumping Money, We May Still See Deflation

InflationMoney and Banks

Blog04/11/2020

It is tempting to assume both money supply inflation and price inflation will come soon as the central banks pump new money. But if banks aren't lending because the economy is in disarray, the money supply may actually shrink, and prices may even fall.

Read More

The Fed Is Running Out of Bubbles to Create

Booms and BustsMoney and BanksMoney and Banking

Blog04/03/2020

With each passing recession, the Fed finds it harder to refuel the last bubble, but the market moves on to the new bubble as the Fed keeps interest rates artificially low.

Read More

Bureaucrats Can't Fix This

Money and BanksTaxes and Spending

Blog04/02/2020

Bureaucrats cannot conjure wealth from nothing. They only have what they extract from the private sector. Unfortunately, the bureaucrats are now starving the private sector of funding while making government budgets ever larger.

Read More

The Federal Government Owns 92 Percent of Student Loans. Why Do Politicians Lie About It?

EducationMoney and BanksTaxes and Spending

Blog04/01/2020

The federal government must accompany any loan forgiveness with a repeal of all programs for subsidizing and guaranteeing loans. Anything less would be a formula for socializing higher education.

Read More
Shield icon library