Money and Banks

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Frank Shostak

It's true that the Fed doesn't directly set a target for money creation. But by setting interest-rate targets, the Fed adopts a de facto policy of money creation. 

Frank Shostak

Creating money out of thin air always sets the boom-bust cycle in motion, even when there's an increase in the demand for money. 

Nomi Prins

In this 40-minute presentation, Nomi Prins explains the cronyism and secret dealings of central banks.

Arkadiusz Sieroń

The history of shadow banking development confirms Mises’s thesis that each government intervention leads to unintended consequences.